I previously posted a USDJPY long which is still running. I have now turned my attention to EURNZD as this pair is showing some bearish signs on the one hour chart and I am now in a position to short it. I have set myself two zones where I will be shorting this pair. As you can see I have placed my TP in a demand zone at the bottom. When this pair reaches this TP zone, I will be looking to go LONG.
Trade safe and good luck!
I am still in this trade with two short positions, however I have a SL at 1.68550. I will now be looking to exit this trade at EP as I feel my setup has not gone to plan.
Trade closed: target reached:
I feel quite gutted with this trade as it showed so much potential but didn't go to plan. However, on the bright side I left this trade without any loss and USDJPY is looking great currently!