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UnknownUnicorn1591582

NZDJPY; PRICE ACTION Top down Analysis for a SHORT

Short
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
UnknownUnicorn1591582 Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Multiple Time Frame Analysis Double Top or Bottom Candlestick Analysis signals priceaction topdownanaylisis Bearish Engulfing Engulfing Candle educational analysis swing
4
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mtfa doubletoporbottom candlestick signals priceaction topdownanaylisis bearishengulfing engulfingcandle educational analysis swing
- Weekly (Bearish): Weekly level broken with 8/21 MA Crossover Bearish
- Daily (Bearish): Bearish Engulfing Candle Rejection off of 21 MA
- 2hr (Entry): Counter Trend Line break with 8/21 MA Crossover, Double top divergence

EP: 71.657
SL: 72.303
TP1: 71.000
TP2: 70.656
TP3: 69.650 (Next Weekly Level)

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Trade active:
up 40 pips so far. Take partial profits if you like & move SL to breakeven protecting our account.
Trade closed manually:
TP1 hit for 65 pips. Again protect your account by moving SL to entry.
TP2 is around the corner. Big swing for TP3

snapshot
Trade active:
TP2 hit for 100 pips.
Still holding this for swing to next weekly level

snapshot
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