NZDJPY has been retracing back to the previous high. We are expecting the pair to drop from this level that could potentially make a decent return on investment.
Currently we have a high probability reversal candle forming on M15 that is supported by the following:
- Divergence,
- Resistance.
*Conservative entry would be to wait for the break of trendline (B).
Risk vs Reward: 2:1
Good luck!
*Updates to follow!
Currently we have a high probability reversal candle forming on M15 that is supported by the following:
- Divergence,
- Resistance.
*Conservative entry would be to wait for the break of trendline (B).
Risk vs Reward: 2:1
Good luck!
*Updates to follow!
Trade active:
Conservative entries now active as well.
Trade closed manually:
Trade closed at BE.