SHORT SETUP NZDJPY
TECHNICALS:
I EXPECT NZDJPY TO FALL
NZDJPY WASN'T ABLE TO BREAK THE RESISTANCE @ 75.50 , WE STOPPED MAKING HIGHER HIGHS, NOW I EXPECT IT TO DROP UNTIL THE TRENDLINE WHERE MY FIRST TP IS @ 74.41
I'M CLOSING 50% OF MY LOTSIZE @ 74.41 - AFTER TP 1 HITTED , I'M GOING TO LET IT RIDE AS A SWINGTRADE UNTILL MY TP 2 @ 71.70
FUNDAMENTALS:
THUESDAY 2 FEB 2021 -> UNEMPLOYMENT CHANGE/UNEMPLOYMENT RATE (NZD)
°USE PROPER RISKMANAGEMENT , THIS IS ONLY AN IDEA THAT I AM SHARING, I'M NOT GIVING ANY ADVICE°
I EXPECT NZDJPY TO FALL
NZDJPY WASN'T ABLE TO BREAK THE RESISTANCE @ 75.50 , WE STOPPED MAKING HIGHER HIGHS, NOW I EXPECT IT TO DROP UNTIL THE TRENDLINE WHERE MY FIRST TP IS @ 74.41
I'M CLOSING 50% OF MY LOTSIZE @ 74.41 - AFTER TP 1 HITTED , I'M GOING TO LET IT RIDE AS A SWINGTRADE UNTILL MY TP 2 @ 71.70
FUNDAMENTALS:
THUESDAY 2 FEB 2021 -> UNEMPLOYMENT CHANGE/UNEMPLOYMENT RATE (NZD)
°USE PROPER RISKMANAGEMENT , THIS IS ONLY AN IDEA THAT I AM SHARING, I'M NOT GIVING ANY ADVICE°
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