Bastosai

NZDJPY - D - SHORT

Short
Bastosai Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Reason for short : We have a very MRSI on daily TF, but I'm seeing the trend as bullish on weekly and monthly. I think this a good time for healthy pullback or correction. So I'm not expecting all 4 TPs to be cleared.

Trade with your own diligence.
Comment:
TP1 hit 2 days ago, but big reversal coming up. I will re-analyse this pair when I'll have time.
Comment:
25% closed@TP2. SL@BE.
Trade closed manually:
SL@BE hit. Good whipsaw. If you didn't change SL, you can keep trade, it "should" continue downtrend. I will for re-enter, if possible... But to my knowledge it will be difficult seeing PA.
Comment:
This is on trade where my SL@BE past TP2 was counter productive. As a trader, you need to check often previous 'average" trade. This idea was actually spot on.

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