Another Round Bottom, Another Big Trade Set up
Updated
Hi Trader,
NZDJPY currently trading at 75.47. Since we have seen bearish engulfing candle so I am expecting little pull back till 75. If it fell below 74 then this formation will be invalid. Next targets are 76 and 77. I believe that make little pull back but not enough to go below till 74.50 (demand zone) and 74.30 (local demand zone).
Good Luck
NZDJPY currently trading at 75.47. Since we have seen bearish engulfing candle so I am expecting little pull back till 75. If it fell below 74 then this formation will be invalid. Next targets are 76 and 77. I believe that make little pull back but not enough to go below till 74.50 (demand zone) and 74.30 (local demand zone).
Good Luck
Trade closed manually
40 pips
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