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RaynLim
Feb 12, 2020 2:09 PM

Trade Ideas Analysis: NZDJPY Sideways Short

New Zealand Dollar/Japanese YenFXCM

Description

A sideway bounce set up for a perfect shorting opportunity. This will not just be a trend trading trade for me but also a trend-following trade.

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Don't miss this great trading idea.

Trade active

The candle highlighted by the red eclipsed pose a concern of market reversal towards to upside, I will observe closely on market open and may close manually. Currently, NZDJPY is at 70.62(+57pips)

Trade closed manually

Due to Candle gap up, trade exit after it "covers back"
70.63(56pips)
Comments
transparent-fx
this is what I will be looking at from a MTA perspective
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