NZDJPY - SHORT; This is likely over-stretched here. SELL it!

It is definitely worth a try, here.

Comment:

This, however, is a still a longer term Long...

... till at least mid 2021. (Then watch out below!!)

Comment:

Lowering our Stops!

Trade closed: target reached:

This is a good spot to take profit on 1/2 the position, for +115 pips.

For the other half of the position ("runners") set a 25 pip running stop.

Comment:

... and since the price is sitting in a PRZ here, one may want to try to catch a reversal, such as: Buy Stop @0.7414 w. 20 pip running Stop; Price Target: >74.45.
However, be careful here as they most likely *** will *** Stop Hunt this at 73.75!

Comment:

This is the ...

... thew most likely scenario, here.

Trade closed: target reached:

FLAT; +100 pips

Trade active:

SHORT

Trade active:

SHORT

Trade active:

SHORT

Look for SHORT Entries here! SELL it hard!!

Trade active:

SHORT