New Zealand Dollar / Japanese Yen
Long
Updated

NZDJPY Long Opp in the Daily

57
Trading in the Daily charts with HA candles we have a spinning top as a setup, next a continuation bull candle and third candle on 5/21 as our trigger candle. With a bearish outlook on the Yen (DailyFX) we have a Long opportunity if entered now to gain pips over the next 3-5 days.

Using the HA look for a doji/spin top or color change for exit point

check in at 5:00 PM New York time to see how each candle goes :)
Note
Looks to be running out of gas, closed for a 60 Pip score. If you are trading the daily look for a color change in a doji or spinning top with the HA candles in the next couple of days to show when price will be retracting back down to the 30-50 SMA

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.