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BACapitalManagement
Jun 7, 2018 12:14 AM

Looking to buy NZDJPY around 75.00 Long

NZD/JPYOANDA

Description

just now
I'll be looking to buy this pair around 75.00. I'll be looking for bull candles to post on the daily time frame around this price area. If I see a bull candle on the daily time frame, then I will move to the 1H time frame and place buy limit orders at previous market levels.

Comment

Price is out of the 75.00 price zone. However, I like this price action on the daily time frame. Since a bull candle was posted on the daily time frame, I'll be moving to the 1H to place entries.

Comment

Rough look at entries and stop losses on 1H time frame.

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