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New Zealand Dollar / Japanese Yen
Long

NZDJPY POTENTIAL BUY TRADE

By Trade-Insider
Updated
Range resistance is broken and I expect to see pull back to the (new) support level and then long for the new bullish leg. If I got SL, I'll be looking to take another buy around 72.20.

NZDJPY BUY LIMIT 74.40
SL 73.90
TP 75.00
TP2 75.50
TP3 77.70

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Note
The price is at 75.90, it's running with +50 pips. Time to move SL at break even.
Depends on risk management (and lot size) we can book particular profits and wait for the TP2
Note
NZDJPY TP1 HIT +45 pips
Note
NZDJPY TP1 HIT +60 pips
and the price is nears the TP2, running with +90 pips
Beyond Technical AnalysisChart PatternsNZDJPYnzdjpyanalysisnzdjpybuynzdjpybuylimitnzdjpyideanzdjpylongnzdjpypredictionnzdjpysignalTrend Analysis
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