New Zealand Dollar / Japanese Yen
Short
Updated

NZD/JPY - Falling Wedge Pattern on Daily (SHORT POSITION)

154
Good day traders,

As you can clearly see, NZD/JPY Is in a Falling wedge.
I dont care what other people say about this pair, I trade what I see, What I see is a bearish movement and a high probability trade.

As you can see I took a position at 74.4 and Moved my S/L to Entry Price, so I can't lose anything only win ;)

  • T/P at 72.6 +180pips Target

  • We will see a small correction around 73.8 - 73.6 back to 74.100 - 74.250

  • After this moving lower and lower



Note
Almost hitted T/P = 200 Pips
Trade closed: target reached

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.