New Zealand Dollar / Japanese Yen
Long
Updated

NZDJPY - Anticipating a move to the upside

121
Hi Traders,

NZDJPY price has been in a semi long correction where price has been consolidating for about a week.
Price looks to be squeezing for a break out.

I am looking for a potential double bottom or a bull fag on lower time frame before a bull run. The first option is my preferred set up it would provide a better R&R with minimal draw down.


Note
Feel free to read this for the set up
pa-fx.com/2018/04/29/nzdjpy-potential-move-to-up/
Note
snapshot
Still valid and active
Trade closed: stop reached
Stopped out at B.E.
snapshot
Still looking for that upside. The longer the correction, the faster the impulse
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snapshot
Awaiting for a clear break out, hold and then go
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