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UnknownUnicorn180388
Feb 28, 2017 7:43 AM

NZD.JPY - Sell Stop Order Short

New Zealand Dollar/Japanese YenFXCM

Description

The NZD.JPY is one pair on today's pending order list.

I will run through the basic technical analysis post London market open.

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Pending order is still in place on this pair.

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Price now pushed towards a historical trendline, awaiting a reversal.

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The next multi timeframe analysis.

Comments
Rizwanacma
Hi Tom, What will be the TP if the order will be trigger?
UnknownUnicorn180388
@Rizwanacma, Hi,
Targets and SL isn't something i go through on this platform, sorry.
FelipeCaldas
Hey Tom, is your pending order a buy limit? Or are you expecting a break of this trend line? Thanks
ForexBudgie
@FelipeCaldas, Sell Stop Order, It's the title of the chart analysis. Good luck.
FelipeCaldas
@ForexBudgie, indeed it is. Thanks mate!
UnknownUnicorn180388
@FelipeCaldas, That's correct looking to short @ForexBudgie Thanks for updating :-)
Mr_Gedze
Nice one. I dont often trade breakouts because i struggle to set proper targets. Do you think the break out will be major? Seeing that its line with what i see to be a Double-T on D1.
UnknownUnicorn180388
@Mr_Gedze, You have to trade what is in your rule set.
I will be breaking down this pair in a little more detail through the day.
deeme007
which MA is this?
on daily and H4
UnknownUnicorn180388
@deeme007, Hi,
The 50
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