PAIR:- NZDJPY
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- S&R Lines on HTF + Trend Lines + Fib Level + Bullish reversal candlestick (highlighted in yellow)
Flipped from 100% Fib levels, acting as a support
Bullish reversal candles (hanging man) @ 100% Fib levels
Broke consolidation zone, expecting volatility and move to upside
Previous history of moving swiftly upwards from previous support (blue tick), expecting same this time as well
S/R Lines @ 1W/1D/4H/2H/1HR/45M/30M to take entry in 30M tf
ENTRY:- CMP
TP:- 85.029
SL:- 84.705 over 100% fib levels to avoid order blocks/liquidation
RR:- 2:1
P.S:- Missed short trade, confirmation was received on 15mins LTF for short but was not Infront of the screen. (check mini trend @ 15M)
INSTRUMENT:- Forex
POSITION:- LONG
TIMEFRAME:- 30 minutes
STRATEGY:- S&R Lines on HTF + Trend Lines + Fib Level + Bullish reversal candlestick (highlighted in yellow)
Flipped from 100% Fib levels, acting as a support
Bullish reversal candles (hanging man) @ 100% Fib levels
Broke consolidation zone, expecting volatility and move to upside
Previous history of moving swiftly upwards from previous support (blue tick), expecting same this time as well
S/R Lines @ 1W/1D/4H/2H/1HR/45M/30M to take entry in 30M tf
ENTRY:- CMP
TP:- 85.029
SL:- 84.705 over 100% fib levels to avoid order blocks/liquidation
RR:- 2:1
P.S:- Missed short trade, confirmation was received on 15mins LTF for short but was not Infront of the screen. (check mini trend @ 15M)