NZDJPY might be a great reversal
Updated
Waited patiently for NZDJPY to reach Resistance ~83.50
I thought it would reach it yesterday so I was LONG~82.8
TP1~82.9
TP2~83.4
Now good Risk-Reward-Ratio (RRR) on the Reversal SHORT.
Conservative Stop Losses to be put above the time-high at 83.75
And... see how this plays out!
I thought it would reach it yesterday so I was LONG~82.8
TP1~82.9
TP2~83.4
Now good Risk-Reward-Ratio (RRR) on the Reversal SHORT.
Conservative Stop Losses to be put above the time-high at 83.75
And... see how this plays out!
Trade active
Rejected the 83.74 level as expected, now seems to be boxed between that level and the former resistance at 83.5Waiting to see which side it decides to go.
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