NZD/JPY Short
-NZD/JPY has recently broken down the pennant with a retracement.
-We will be observing closely to see if it rejects the trendline, desirably with a bearish pin as an entry trigger to confirm our short position.
-Stop loss will be at 65.15, slightly above the 200ema.
-Profit target will be around 61.94 a strong structural support.
DISCLAIMER: Forex trading involves substantial risk of loss and is not suitable for every investor. The valuation of Forex may fluctuate, and, as a result, clients may lose more than their original investment. Above statement act as an idea for reference purposes, kindly perform your own analysis. Trading strategies are used at your own risk.
-We will be observing closely to see if it rejects the trendline, desirably with a bearish pin as an entry trigger to confirm our short position.
-Stop loss will be at 65.15, slightly above the 200ema.
-Profit target will be around 61.94 a strong structural support.
DISCLAIMER: Forex trading involves substantial risk of loss and is not suitable for every investor. The valuation of Forex may fluctuate, and, as a result, clients may lose more than their original investment. Above statement act as an idea for reference purposes, kindly perform your own analysis. Trading strategies are used at your own risk.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.