selfrighteousgambler

NZDJPY INTRA-DAY SHORT SELL. TREND CONTINUATION PART 3

Short
FX:NZDJPY   New Zealand Dollar / Japanese Yen
The zone is a 5-pip zone allowing you to get a return of about 15 pips.
The strong push away from the area means there should be a turn lower in price the next time.
This is again an income trade.
This trade is far away from current price And could take a while.
It is best to watch how price reacts in the coming days.

EP: ~86.53
SL: ~86.58
TP: >86.38 (about 15 pips, ~3:1 return)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.