JaceFX

NZDJPY Trade Analysis For Long Position

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY Trade Analysis For Long Position

A Bullish Descending Triangle breakout spotted at NZDJPY

Price break above 71.90 and change of trend

we are looking for price pull back and enter long position

Buy Limit 71.625
SL 71.425
TP 1 71.825
TP 2 72.125
TP 3 72.625

*Please apply your own risk management skill
*Risk no more than 1% of your trading capital
*Please choose the take profit point best suit your trading portfolio
*Always trail your profit when trade running profit
*Apply Break even point to protect your capital when trade running profit
If the pending order didnt get filled, we will delete the pending order

Disclaimer
The content on this trade analysis is subject to change at any time without notice.
Any information provided here is only the personal opinion of the author.
This information is intended for educational purposes.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.