tradafx

Trend continuation with 2 potential pullbacks - NZDJPY

Long
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Timeframe: H4
Market is in the strong bullish trend.
we are planing to look for the potential pullbacks and jump in the Buy.
There're 2 potential pullback zones:
1st: 79.4
2nd: 78.6
Recommended trading method: Reversal trading (do not trade breakout or continuation)
Target area for both plans: 83.000
-------------------------------------------------------------------------
Trade with care and always put stoploss.

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.