NZDJPY SELL
Horizontal resistance
Trendline break + break of structure (new lower low formed)
LTF correction formed + LTF correction breakout = entry
TP towards last Low
Let's see how this trade plays out
MY Entry for NZDJPY SELL:
NZDJPY SELL
Entry: 81.700
SL:82.000 (-30.0pips)
TP:78.666 (+303.41pips)
RRR: 10.11
Trendline break + break of structure (new lower low formed)
LTF correction formed + LTF correction breakout = entry
TP towards last Low
Let's see how this trade plays out
MY Entry for NZDJPY SELL:
NZDJPY SELL
Entry: 81.700
SL:82.000 (-30.0pips)
TP:78.666 (+303.41pips)
RRR: 10.11
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