NZDJPY Bear
Bias Bearish
Fundamental
JPY increase interest rate
NZD is very bearish from all datas
Price Action
Price consolidated at Daily SR level. Price rejected from the bearish TL and broke out of consolidation. Move bearish movement expected
Confluence
Daily SR level, H4 bearish TL H1 Consolidation broken SR level
Setup
Short trade entry at H1 broken SR level.
SL 2x ATR(20)
TP Next Swing low RR 1:4
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.