Malika_Analysis

BEARISH CONTINUATION ON NZDJPY

Short
FX:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY has shown great bearish momentum and currently retraced into a continuation pattern. We may see price continue to our take profit level.

Stop loss - Red price level
Take profit - Green price level

Remember you must manage risk, only risk 1% or 2% depending on your risk tolerance. There is no such thing as a guaranteed win in trading. What you have is an 'Edge' with your edge you are in a game of probabilities and you are not always going to be right and that is okay! You learn, trade and continuously optimize.
Trade active
Comment: SL moved to breakeven
Comment: SL moved in profit
Trade closed: target reached

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awesome
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