FullTimeTrader
Short

NZDJPY-some retracement after a 500+ pips rally

FX:NZDJPY   New Zealand Dollar / Japanese Yen
338 6 8
After a strong rally this is a nice place for a pullback or trend change.
Details on the chart.
Good luck.
Hi FullTimeTrader, couple of questions please.

1. What would be your trigger to enter the short?
2. Would you take the trade without really knowing for sure whether it's a reversal or pull-back?
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I could edit the chart, but i see its not posible for me (to edit o delete a chart)
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Technician FullTimeTrader
Yeah no one is able to do that even mods.. Its no issue, keep up the great work
Reply
Thanks, Yes, i chose the wrong one (but the idea is clear)
Greeting
Reply
Technician FullTimeTrader
Yes its clear, but not for the newbie.. Also u dont know , one day tradingview might measure performance based on those levels ;)
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Mate, you have to flip the levels, the red level is stop loss not target
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