orvilleawright

NZDJPY Daily Bull BAT Stops and targets

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Stop is placed at the 1.13 fib extension of the XA leg
Target 1 is at the 38.2 retracement of the CD leg.
Target 2 is at resistance at the C point. Target 2 stops are trailed using the DNC indicator.
Both stops are moved to breakeven when target 1 is hit.

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