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tonz_of_gunz
Jul 26, 2016 1:21 PM

NZDJPY BULLISH FLAG ON H4 Long

New Zealand Dollar/Japanese YenFXCM

Description

NZDJPY has developed a bullish flag pattern and i am waiting for a breakout to buy this pair.
Comments
latifadam023
Hi. Have you bought this pair
tonz_of_gunz
Hello again,i didnt buy yet,i am waiting on smaller tf for a buy opportunity(a test of the breakout or a bullish pattern).
BLUE43
carefull with the school "buy the breakout" without div, its suicidal, like in this exemple :-)
BLUE43
tonz_of_gunz
Yeah i know what your saying, there are numerous way to trade this kind of set up but for this i have to "thank" BoJ:))!
latifadam023
Hi Mate. What would the entry price be and also the stop loss
tonz_of_gunz
Hello, it depends when and where breakout will occur but if lets say price will go up now,i would put my sl 15 pips below 73.Anyway dont forget about important jpy news this week that should affect this pair also, could be the breakout signal i am waiting for...
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