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memit
Dec 9, 2018 5:17 PM

NZDJPY Long Daily/4-hour Long

NZD/JPYOANDA

Description

This is a potential long on the NZDJPY. Price on the daily broke out of the weekly trendline off nice bull flag and now retesting that trendline as support. The daily chart is printed an inside day candle at this level which manifests are a pullback on the 4-hour. I may look to go long on a break and close above the 4-hour trendline.

I have a set a conservative TP target but it could go way higher.
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