NZDJPY LONG

21 Eki 2020

Clear break and retest of a minute 15 resistance level. There is also rejection at my golden fib zone. Im going long here to target the -27.00 extension as my profit target.

21 Eki 2020

Not

This trade resulted in a breakeven for me. Once I saw the price moving up and hit the 0.00% extension, I put my stop loss at breakeven. Essentially this was a risk-free trade. There just weren't enough buyers here to push this guy up. REMEMBER ALWAYS PUT SL AT BE WHEN 0.00% EXTENSION IS HIT.