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JoMarshall

Update on NZDJPY Bullish Cypher. 1st Target hit

Long
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
JoMarshall Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Forex NZDJPY nzdjpylong money LONG Bullish Patterns Cypher structure structure-trade
23
0
forex nzdjpy nzdjpylong money long bullish cypherpattern structure structure-trade
Following my earlier post on this pair, the market has come down a little deeper than i expected so I've adjusted my first profit target to 80.24, which just got hit for a 45 pips profit . The reason for that is because the first target is always the .382 retracement of the CD leg and because the market has come in a little deeper then our profit target has to shorten. Our stop loss has now been moved to break-even.
Trade closed: target reached

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