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FXbrawler
Mar 13, 2018 12:53 AM

NZDJPY - Held on support Long

NZD/JPYOANDA

Description

We have seen a reversed head and shoulder pattern on the H4 time frame, a breakout and a test of the newly found support. Entered a trade on a lower time frame confirmation and will see where this one will go.

Trade active

Lifting stop losses at trade entries for a risk free trade.

Trade closed: target reached

A nice 6:1 ratio position. Perhaps I will enter again lower given the right conditions but for now it's a wrap!
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