KaltoireCapital

NZD/JPY reaches resistance level, probable sell set-up

Short
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Hello traders! NZD/JPY has reached the resistance level on the hourly chart.
As you can see in the chart, I have highlighted the resistance level with a rectangular
bar. To be precise, the level around 92.20 is the resistance

So far, we have seen a couple of bearish candlesticks in this level. So, if the level
remains unbroken, traders can consider selling NZDJPY@92.15-92.25 with stop loss
above the resistance level and TP at 91.56
Trade active:
Sold@92.18 as per plan
Trade closed: target reached:
TP hit , 60 Pips profit
Comment:
This trade is currently in 138 Pips profit for anyone who held
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