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NZD JPY TRADE SET UP

Panjang
Dolar New Zealand / Yen Jepun (OANDA:NZDJPY)  
OfficialUBKFX  
OANDA:NZDJPY   Dolar New Zealand / Yen Jepun
Chart Patterns Trend Analysis Technical Indicators forexsignals nzdjpyanalysis nzdjpylong EURUSD gbpusdanalysis forextrading Forex
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chartpattern trendanalysis indicator forexsignals nzdjpyanalysis nzdjpylong eurusd gbpusdanalysis forextrading forex
Hello guys,

Here is my idea on NZD JPY for long position

Reason for this trade.
1: A bounce from Support level
2: Fib Retracement level
3: LH market structure was broken and the market is currently retesting it.
4: The market formed a demand level that broke the LH market structure which give us a sign for upward movement.

First Trade will be executed at the bounce of support + fib retracement level + Market structure break and retest.

If failed

Second Trade will be executed at the Demand level.

Share your thoughts on this one

Trade Safe
UBK
Penafian

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