informedtrades
Short

JPY Rallying Across the Board

FX:NZDJPY   New Zealand Dollar/Japanese Yen
59 0 1
I shorted this pair based on the rallying I'm seeing on NZDJPY             across the board, and based on the triple doji that is information at resistance as well. Price is below the 50 SMA and we do have a pattern of lower highs. I had placed a similar order yesterday that had not gotten filled; in light of the candlesticks , though, I revised this order to enter at a lower rate as it did not appear to me that price would rally enough for me to get filled.

I'm short at 87.10, with my stop at 87.95 and my target profit at 83.75.

http://www.informedtrades.com
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out