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StevenFu
Apr 2, 2019 6:11 AM

NZDJPY DAILY SELL Higher Timeframe trade Short

New Zealand Dollar/Japanese YenFXCM

Description

https://youtu.be/jCNNJXKwzro

As per discussion from last week (youtube video), just took a sell on the daily.
Seller spiked approximately two hour ago and took out close by retail sellers.
Activated the trade before the spike and added another position after the spike.
Any pull back is potential sell opportunity. Work out risk reward ratio before entering the trade.

Comment

Market start reacting from Bottom, closed major positions with some profit and wait for another entry; buyers have shown strength so may even take a counter trend long while waiting for the short.

Comment

buyers has now pulled back, can use the 15min chart to seek for another short opportunity. But again wait for V confirmation first
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