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NZDJPY Getting close to SHORT target
New Zealand Dollar / Japanese Yen
Short
NZDJPY Getting close to SHORT target
By MisterPeanutButter
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Updated
Jan 2, 2020
5
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Dec 12, 2019
Hey!
If you look to the monthly chart you find that there's a very strong resistance around 73.5.
I want to see bears appearing around 72.9 with a squeeze to the main target.
There's also a gap at 73.6, so it's likely that will work as a magnet too.
Cheers
Jan 2, 2020
Trade active
This right on target.
First target is 71.5 and second target is 70.5. Clear PA so far.
Jan 8, 2020
Note
Reached first target.
Jan 30, 2020
Trade closed: target reached
I'll take profit at 70.5 if it goes there again, but i'm trying to chase the rest of this move. Could easily go to 70.
+310 pips
Chart Patterns
Forex
NZDJPY
Trend Analysis
MisterPeanutButter
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