A short position on NZDJPY with a risk/reward ratio (RR) of 1:4. This trade expects the Japanese yen (JPY) to strengthen against the New Zealand dollar (NZD), predicting a decline in the NZD/JPY exchange rate. The trader is prepared to accept a certain level of risk, aiming for a potential profit four times greater than the risk taken. This strategy highlights a cautious yet profit-focused approach, with a strong emphasis on maximizing returns while controlling risk.
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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.