NZDJPY is currently in the upper part of the range channel and it is very likely to go back down in the next hours. TP and SL are the top and the bottom of the channel respectively that I have indicated with the horizontal lines.
I calculate the risk for this trade as over 3 times lower than the potential profit.
Good luck!
*This idea is for educational and advising purposes and should not be the exclusive base of your trades. Before trading, make your own analysis as well.
I calculate the risk for this trade as over 3 times lower than the potential profit.
Good luck!
*This idea is for educational and advising purposes and should not be the exclusive base of your trades. Before trading, make your own analysis as well.