Potential Long opportunity for NzdJpy ???
Updated
75.60 is the key support level.
The key support got broken two days ago but straight away got rejected and the good part is, it closed the trading day higher than the previous trading day, forming a false break-out.
I entered my trade based on the Pin bar rejecting from the 38.2% Fibonacci level.
My position :
Entry : 75.92
SL : 74.77
TP : 77.65
** This is not a Buy/Sell recommendation **
** Please do your own due diligence **
The key support got broken two days ago but straight away got rejected and the good part is, it closed the trading day higher than the previous trading day, forming a false break-out.
I entered my trade based on the Pin bar rejecting from the 38.2% Fibonacci level.
My position :
Entry : 75.92
SL : 74.77
TP : 77.65
** This is not a Buy/Sell recommendation **
** Please do your own due diligence **
Trade closed manually
Closed my Long position manually as previous swing high is just around the corner. It is not worth taking a roller coaster ride for another 35 pips of profit.Trade History for May :
EurUsd - Pending
NzdJpy - 1.13 r
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