ab21

JPY looking weak NZD is reaching for the stars!!!

Panjang
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OANDA:NZDJPY   Dolar New Zealand / Yen Jepun
NZD/JPY has broken resistance after the 4th touch on the 4 hr timeframe so I'm looking for a buy signal as you can see there is a flag pattern that has formed after an uptrend.

I’ll also be looking out for the red line as this is the monthly resistance level so price may reject when it reaches there if so I will close the trade earlier.

Feel free to like and follow will keep posting all my trade ideas thanks.

Also if you have any trading related question pls dm me.

Risk/reward: 3/1
SL:69.315
TP:70.629
Dagangan ditutup: sasaran tercapai:
Profit target was reached and this trade was closed on 26/08/2020
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.