NZDJPY High-Probability SELL Trade Setup (H4 Confirmation)
📌 Trade Plan:
✔ Entry (Aggressive): Sell now at 87.73, as price is breaking below key level.
✔ Entry (Conservative): Wait for a clean break below 87.50 and sell on a retest.
✔ Stop Loss (SL): Above 88.51 (above previous rejection wick).
✔ Take Profit 1 (TP1): 87.20 (first demand area).
✔ Take Profit 2 (TP2): 86.80 (strong liquidity zone).
✔ Take Profit 3 (TP3): 86.30 (final institutional target).
✅ Final Execution Strategy & My Personal Trade Plan:
🔹 I am waiting for 87.50 to break, then will look for a retest sell confirmation.
🔹 If price retests 88.00-88.20 zone, I will look for a short entry there too.
🔹 If price fails to break 87.50, I will stay out.
📉 Final Bias: Strong Bearish Setup Below 87.50!
✔ Entry (Aggressive): Sell now at 87.73, as price is breaking below key level.
✔ Entry (Conservative): Wait for a clean break below 87.50 and sell on a retest.
✔ Stop Loss (SL): Above 88.51 (above previous rejection wick).
✔ Take Profit 1 (TP1): 87.20 (first demand area).
✔ Take Profit 2 (TP2): 86.80 (strong liquidity zone).
✔ Take Profit 3 (TP3): 86.30 (final institutional target).
✅ Final Execution Strategy & My Personal Trade Plan:
🔹 I am waiting for 87.50 to break, then will look for a retest sell confirmation.
🔹 If price retests 88.00-88.20 zone, I will look for a short entry there too.
🔹 If price fails to break 87.50, I will stay out.
📉 Final Bias: Strong Bearish Setup Below 87.50!
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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.
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.