FX:NZDJPY   New Zealand Dollar / Japanese Yen
370 9
Self explanatory. Trend line break , retest rejected. Target levels specified on chart. Ideally open 3 positions with SL at 89.527 targeting 87.011, 87.521 and let the final position run its course. Trailing stop levels mentioned based on targets.
Looks like another test to 89.87 level (the first high of the divergence).
LoganCausey justatrader
you still holding this?
LoganCausey LoganCausey
noticed candle closed right at that level
justatrader LoganCausey
Didn't reach 89.87 yet, few more pips. My entry missed by a few pips, got a short pending at 89.85
+1 Reply
welcome to the short XXXJPY club ,
what will BOJ do next will be interesting
justatrader jangseohee
They won't have to do much. At least they won't do anything a day before FOMC. Based on your chart, I see a possible support could form near 76 levels.
+1 Reply
jangseohee justatrader
it is going to take some time
justatrader jangseohee
Yes, but hoping that this short would eventually end up there @ 76 :D
jangseohee justatrader
:Thumbs Up: xD
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