FX:NZDJPY New Zealand Dollar/Japanese Yen
After breaking down from neckline price has climbed giving us the possibility to short even more lots or get in the trade if we missed it. This type of Low Risk Entries dont happen often.
Nop, but in Forex nothing is perfect hah. The important thing for me is Consolidation (HnS; Triple Top?????) + Breakdown + pullback to prior resistance (necline)+ 50DMA acting as resistance also. This are the best LREO plays because if price closes above 85,80 you are our with very little loss; but putential downside momentum could be hugh. Risk:Reword is at it best