Short NZDJPY – after retracement into breakout to downside area
Trading idea on 1h chart:
Short NZDJPY –after retracement into breakout to downside area
________
Trading idea: limit sell order at 90.98, Risk-Reward = 4.07
SL@ 91.43 (-45), TP@ 89.15 (+183)
________
NZDJPY:
- textbook retracement to test the breakdown area (91.00-91.20)
- still targeting the 89.15
__________________
Disclaimer: There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
Short NZDJPY –after retracement into breakout to downside area
________
Trading idea: limit sell order at 90.98, Risk-Reward = 4.07
SL@ 91.43 (-45), TP@ 89.15 (+183)
________
NZDJPY:
- textbook retracement to test the breakdown area (91.00-91.20)
- still targeting the 89.15
__________________
Disclaimer: There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
