mikezealouzsfx

BROKEN DESCENDING TRIANGLE !!

Short
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
GOOD DAY TRADERS

THIS IS MY ANALYSIS ABOUT NZDJPY

1. Price near strong resistance.
2. Price already re-test.
3. Broken descending triangle.

So this what i'm thinking.

I'm going SHORT in this pair.
Entry : Around 75.850
Stop loss : Around 76.800
Take Profit 1 : Around 74.000
Take Profit 2 : Around 71.800

THIS IS SWING TRADE
PLEASE TAKE PROFIT AS LONG AS YOU WANT.
TAKE CARE EQUITY, THERE IS NO REASON TO RISK CAPITAL.

U'r very welcome to give a comment.

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