NZDJPY Short Trade *TRENDLINE BREAK & STRONG DAILY RESISTANCE*

NZDJPY has shown signs of a reversal at this level for a while now. The daily resistance zone @ 76.500 is holding strong and we finally have a break of the 1hr bullish trendline with a lower low being made.

Price has now pulled back a little and is rejecting the 1hr 50ema from below. Price is also below the daily pivot level so that is a another potential resistance to keep price down.

Stop loss is above the daily resistance and 1hr Fib 0.618 level.

Profit Target is at the next support zone around 75.050

การซื้อขายยังคงดำเนินอยู่:

1hr 50ema is holding strong as a dynamic resistance

ความคิดเห็น:

Price now at daily pivot level, watching this to see if it holds :)

ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน