New Zealand Dollar / Japanese Yen
Long
Updated

Ichimoku intraday long setup: NZDJPY

120
On the H4 TF, price is basing. There is a bullish tenkan-kijun cross but the kijun is pointing downward. The future kumo is on the verge of turning bullish and getting thinner. %R is above -50, indicating short term bullish momentum.
Trade closed: stop reached

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