JoMarshall
Long

Bullish Cypher on NZDJPY

FX:NZDJPY   New Zealand Dollar / Japanese Yen
This is probably the best trade set-up of the day for me in terms structure. The market has come back to test a trend line resistance now turned support and at the same time completing a bullish cypher where there is a lot of structure looking left. The Risk:Reward ratio is more than 1:1 so let's hope for a winner.


https://www.youtube.com/watch?v=BoWw6XKzbxQ
tradewithme.co.uk
Comment: Following my earlier post on this pair, the market has come down a little than i expected so I've adjusted my first profit target to 80.25, which is now less that 3 pips away. The reason for that is because the first target is always the .382 retracement of the CD leg and because the market has come in a little deeper then out profit target has to shorten.
Trade closed: target reached
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out