Get started
CIGSFX

NZDJPY SHORT

Short
New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)  
CIGSFX Updated   
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators NZDJPY short Bearish Patterns
10
1
trendanalysis chartpattern indicator nzdjpy short bearish
CBO entry after having the break out of the daily channel we can see the retest of the 50 EMA, markets have now rejected for a second time demonstrating the current strength of the 50 EMA and the bears. With no listed fundamentals until tomorrow night on JPY or NZD we should have some steady bearish momentum and a risk on market.
Comment:
After a second rejection on the 50 EMA and clear signs of bearish strength we have moved stop to entry for a risk free trade.
Comment:
Locked in 50 pips / 1.4%.
Comment:
Target hit! 3%.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.