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Nzdjpylong

Why You Should Spend More Time Thinking About NZDJPYIf you're in the forex markets with me, you know that I'm always on the lookout for easy plays. This could be a trade that you should be watching. I'm seeing hella divergence on NZDJPY's RSI. We had a 440 pip decline with no real pullback. Currently, we are in no man's land, so wait to enter. But we do have a doji candle and can expect a retracement to the retracement levels above. Good luck out there. And send me you winning trades on Instagram! - Q -- This presentation is for educational purposes only and is not a recommendation or endorsement of any particular investment strategy. Past performance does not indicate or guarantee future success. Returns will vary and all investments involve risk, including loss of principal. Trading securities can involve high risk and the loss of any funds invested. Investment information provided may not be appropriate for all investors, and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon, or risk tolerance.
Long
by quentinbsmith
NZD/JPY : Looking for a Retracement on a Consolidation point!!Right now the pair is below the Weakly Support point Overall the trend is in downtrend but it is on a consolidation fase. The pair might retrace around 0.5 to 0.6 fib point Before it decide it's new trend. I will go long around 72.400 I will go for a short position if it cross 71.390 >>Take profit point if it goes long is around 0.5 to 0.6 fib point >> Take profit point if it goes Short is around 69.563 on a monthly support.
by AyushDhakal