Trade Ideas Analysis: NZDJPY Sell Zone

Short

New Zealand Dollar / Japanese Yen (FX:NZDJPY)

Updated

FX:NZDJPY New Zealand Dollar / Japanese Yen

trendanalysis supplyanddemand supportandresistance askforex100 nzdjpy 3barpattern trendtrading sellzone supplyzone structuretrade structure-trade structure

A 3-bar reversal and an RSI Divergence will give me a cue to engage this trade on a trend trading opportunity. Let's see how this candle close.

Trade active:

Target1 Achieved +36pips
Shift Stops to Entry
SLE: 65.20(+9)

Trade closed: target reached:

Target2 Attained +87pips

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