NZDJPY SHORT
Trade (1)
Entry Type : Limit Sell @ 0.70000
Stop Loss : 0.71250
Take Profit : 0.64500
R/R : 4.4
R/R % : .5% / 2.2%
Trade (2)
Entry Type : Limit Sell @ 0.70600
Stop Loss : 0.71250
Take Profit : 0.64500
R/R : 9.38
R/R % : .5% / 4.69%
Technical Analysis:
Price Action has found support along the .67000 psychological zone. Price has now had a bullish pullback into the 50.0% Fibonacci Level which coincides with our .70000 psychological resistance. Daily candles have shown strong rejection of this zone leaving two shooting stars and having essentially a 0.00% change in price for our current daily candle. My stop loss is placed above the 71.0% Fibonacci level and my take profit level is placed slightly above the -27.2 Fibonacci extension . Both trades outlined have the required criteria for my trade rules to enter the position.
Entry Type : Limit Sell @ 0.70000
Stop Loss : 0.71250
Take Profit : 0.64500
R/R : 4.4
R/R % : .5% / 2.2%
Trade (2)
Entry Type : Limit Sell @ 0.70600
Stop Loss : 0.71250
Take Profit : 0.64500
R/R : 9.38
R/R % : .5% / 4.69%
Technical Analysis:
Price Action has found support along the .67000 psychological zone. Price has now had a bullish pullback into the 50.0% Fibonacci Level which coincides with our .70000 psychological resistance. Daily candles have shown strong rejection of this zone leaving two shooting stars and having essentially a 0.00% change in price for our current daily candle. My stop loss is placed above the 71.0% Fibonacci level and my take profit level is placed slightly above the -27.2 Fibonacci extension . Both trades outlined have the required criteria for my trade rules to enter the position.
Nota
Trade (1) SL moved to BE
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.