Counter Trend defined... NZDJPY Long trade setup
Updated
Price found support @67.5 making a Higher Low on the daily chart. I expect a Higher High from this point forward at least to the next historic Support/Resistance level @70.4 and maybe Price will flourish even higher close to 72.0 hitting the long term Down trend line.
Trade closed manually
The counter trend line didn’t gave any support so I had to close my trade early with a small loss. Too bad but I already spotted some new gems! Keep you posted.
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