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AlkalineFX

NZDJPY - Follow the Structure

Long
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
AlkalineFX  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Technical Indicators Wave Analysis NZDJPY nzdjpyshort nzdjpylong Technical Analysis nzdjpysell nzdjpysignal structure ray
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trendanalysis indicator waveanalysis nzdjpy nzdjpyshort nzdjpylong technicalanalysis nzdjpysell nzdjpysignal structure ray
I and the Alkaline team got involved in an early buy position on this pair which has been extremely rewarding. I will be looking for a second buy position into the significant structure marked if we manage to see rejections from the horizontal ray, let's see how price develops on Monday. Have a great trading week everyone!

COT Data - 50/50

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