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NZDJPY D1: BEST level to SHORT IT +675 pips (SL/TP)

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
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NZDJPY D1: BEST level to SHORT IT +675 pips (SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect short-term
upside before reversal from neckline later (BEARS).


🔸 Summary and potential trade setup
::: NZDJPY daily chart review and outlook
::: Bullish IHS in progress now
::: marginal upside to complete necline print
::: at 73.20-73. 40
::: then expecting correction // 675 pips
::: Recommended strategy: SHORT IT 73.20/ 40
::: SL 80 pips TP +675 pips
::: SWING TRADE setups
::: for patient traders only
::: DO not expect fast/overnight gains
::: mind the swaps on sell side
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BEARS/correction
FX/CRYPTO SCANNER/RESULTS/OVERVIEW/TELEGRAM
https://TAPLINK.CC/DARK000SOUL
BEFORE/AFTER ANALYSIS
https://THEPROJECTSYNDICATE.BLOGSPOT.COM/
CHANNEL TA/SIGNALS SL/TP
https://T.ME/THESYNDICATE001
DETAILED SCANNER RESULTS
https://TWITTER.COM/PRSYNDICATE001

Comments

I sold at 70.298 is that okay? And what would my sl and to be?
+4 Reply
Great analysis.
+1 Reply
@Erice10, thank you very much!
+1 Reply
Do you think it's possible it'll go down from here without any upside?
Reply
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