Get started
ChinSengFx

ANOTHER SHORT SETUP ON NZDJPY!

Short
New Zealand Dollar / Japanese Yen (FOREXCOM:NZDJPY)  
ChinSengFx Updated   
FOREXCOM:NZDJPY   New Zealand Dollar / Japanese Yen
Technical Indicators Chart Patterns Trend Analysis NZDJPY short setup correction Bearish Patterns
8
2
indicator chartpattern trendanalysis nzdjpy short setup correction bearish
From yesterday's idea, TP1 has hit and the chart has switched its momentum from bullish into bearish from different timeframe. Currently, price is making a correction after a massive BEARISH move yesterday. We will be looking for another SHORT entry at 69.34, which align with EMA55 and the previous support.

Entry price: 69.34
SL: 70.23
TP: 67.10

It's not you versus the market. It's always you versus yourself. Happy Trading.
Comment:
Can move SL to entry price! Make it a risk free trade!
Comment:
Move sl to entry price. On H4 timeframe, price still remains bearish.
Comment:
Trade is in profit and will continue to monitor the price action. Up to date, price has slowly moving to the downside as expected. Looking forward to hit our tp soon.

Related Ideas

ChinSengFx
NZDJPY H4 SHORT ENTRY!
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.