BenWright21
Short

Possible NZD/JPY Short Position!!

FX_IDC:NZDJPY   New Zealand Dollar / Japanese Yen
SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


Chart time frame - H4
Timeframe - 4-12 Hours
Actions on -
A – Activating Event
Market will meet resistance in zone @current 72.192 - .... and fall to the 71.85 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 71.85

FX:NZDJPY

Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 71.85
Target 2 @ ....

Risk/Reward @ 2.1

Happy trading :)


Follow your Trading plan, remain disciplined and keep learning !!


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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