New Zealand Dollar / Japanese Yen
Short
Updated

NZDJPY Short (Sell) Trade Setup Idea

142
NZD has been showing great strength today and has raced into a fairly strong sell zone. Mind, there is a sell zone much stronger than this at around 75.4 but price has stalled and is reacting at this level. We're looking at price action for opportunities to short .
Note
TP1 hit
Note
TP2 Hit. I think I accidentally published this idea twice so I'm updating in both places.
Note
This setup achieved a 1:4 before heading back to stops. If you trailed your stops into profit, this would have been a great trade even with just TP2 :)

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