The808Trader

Long Term Swing Trade - NZD/JPY Ichimoku Long Trade

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Similar to our previous AUD and NZD trades, I think we have a decent swing trade opportunity on our hands here. If we look left of price we see some major price structure support and resistance. We've already had a nice bullish from since the kumo breakout, but the test of this level at our entry will be a major cue if we'll be able to continue this run or not.  If we can break that level we could have a nice swing trade on our hands with the long term targets at previous price structure I've drawn out, as well as the partial profit level along the way. If we fail to break the major support/resistance, this setup may become invalidated.

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