New Zealand Dollar / Japanese Yen discussion
NZDJPY For those in the longer term trade, higher timeframes are looking like it wants to hit that order block at 85, thats where i have a small lot position held to , have taken my other trade out of all profits and re entered a short at 87.575 and now set SL to BE. Lets see what happens
NZDJPY Took another short at 87.148 and moved SL BE now will let the trade runNZDJPY Have now closed my trade and taken all profits at 86.6. I think long term we will even get to atleast 80. At this current level pullbacks are likely here so may enter another smaller lot position soon
NZDJPY And still on this trade and watching this fall, probably the best trade i have ever taken and been so patient for
NZDJPY . A step buy signal was issued from the price of 87.93 down with a point target of 88.80.NZDJPY Beautiful, just as explained
NZDJPY ONE more leg up before a possible 900 pip downtrend. break and retest of trendline, fib 61.8 and supply zone all at once. patience SETUP!!!!
NZDJPY Hoping this will break this structure and head further south but likely to see a pullback before further down movement but so far amazing trade. Read my previous minds for InfoNZDJPY I have been watching the monthly on this pair and was waiting for the fall as you can see from the pattern before (history repeats itself) this is a strong resistance so i do see a great selling opportunity here hence i took the trade. That was just one thing i noticed but many more on other timeframes also
NZDJPY Downvote all you want haters but if you can't be patient you won't win, patience helps you win and avoid losses