Rejected the EMA20 on the H4 and also tested a 50% fib retracement. Looking at the 161 extension as long target.
Trade active
stops moved to breakeven and scaled out 33% of position @ the 127 fib extensionTrade active
Scaled in with another position. See future idea post NZDJPY CONTINUATIONTrade active
scaled in position stopped out but still holding inital entry. scaled out another 20% to counterbalance loss on scaled in position.Disclaimer
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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.