New Zealand Dollar / Japanese Yen
Long
Updated

NZDJPY - 5 Reasons For A Daytrade Buy!

77
Buy #NZDJPY Plan

First Entry was at 78.58
Second Entry is pending order at 78.41
Stop is at 78.05
Target is at 79.15

I have 5 reasons to buy NZDJPY for a daytrade.

1. Currency Strength Meter NZD is strong JPY is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bullish Divergence Signal

The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.

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The trading strategy is fully explained in video below
Trade closed manually
Closed at small profit at end of session

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