Hi,
NZJPY is in a downtrend and technical analysis for "selling" looks very good. I have entered my short position and am looking to take some profits at the last low around 66.70. I'll be leaving 30% of my position open and this trend could continue over several months. My risk is 1:1 ratio and I believe probability of profitability is greater than 50%.
NZJPY is in a downtrend and technical analysis for "selling" looks very good. I have entered my short position and am looking to take some profits at the last low around 66.70. I'll be leaving 30% of my position open and this trend could continue over several months. My risk is 1:1 ratio and I believe probability of profitability is greater than 50%.
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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.