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jimmy_highwire
Apr 4, 2016 4:23 PM

NJ Long

New Zealand Dollar/Japanese YenFXCM

Description

been watching NJ for a while ,... hisitant to take a position until a retest had taken place
it never came back to green nor yellow but blue triangle seem to hold although the H4 candle has yet to close i've started building modest positions long and 0.80 would be a fantastic target as it was around that level there was an S/R flip zone

it could dive down to 75.40 ish testign the yellow tl

keeping a close eye on this one

Comment

apparently it wants all colors ;-)
waiting for the "last" green stand-off around 74.50
was stopped out for -30 pips on a small position before, missing some 100+ pips on the downside

Comment

dropped to 74.60 on the H1 close, good enough for me to start building long again, with rsi on H1 deep enough :-)

Comment

average long was74.9 atm and i took the partial profit to cover previous loss of 30 pips
rest at BE
Comments
Gino
Just tagged your green line :-)
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