*please take note that a few hours from now there will be NZD news. This news has potential to cause a breakout. So be careful with taking a position before the news. NZDJPY on the daily time frame shows on interesting setup that can either way. A break of the resistance will cause a nice move further up. However if it bounced back and breaks the lower range a...
Buying to test the system, lets see how it turns out. going to post multiple of these to get a approximate accuracy on the system. to try the system pm me.
Here is a setup that I watch where the market is testing the daily chart 200 sma. As long as price can stay above the 200 SMA then the likelihood increases for more upside.
We see the price consolidate at current level and than fall - We take short position at 81 and book profits at 80.
We expect the price will move upwards in long term weekly technical analysis. Take Entry @ 82.50 Take Profit @ 88.30 Stop Loss @ 72.00
Expected the price to go down because of double top. Let's see
after a long time i saw a good setup .NZDJPY D1 Bearish pi bar very huge move soon