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Afiqo
Oct 11, 2018 3:40 PM

NZDJPY Long

OANDA:NZDJPY60
NZD/JPYOANDA

Description

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Buying opportunity due to demand zone in confluence with resistance line. Wait for price to enter demand zone before setting a buy stop @72.855. Stop loss goes below previous low, and target is 50 pips for a risk/reward of 2.5.
Supply and DemandSupport and ResistanceParallel Channel
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