NZDJPY selling scenarios

FX:NZDJPY   紐元 / 日圓
54 1
NzdJpy has 2 selling scenario's based on last weeks bearish reversal candle. If we enter short at the todays open, we would have atleast a 1:1 risk to reward ratio. I've entered medium size short because I'm confortable with a large stoploss. If you want to wait, you can enter at much better price right by 82.8-83.0 which will give you a 2:1 ratio and even more since I'm expecting a little larger move to the downside.

Technicals: Go to the weekly chart and you will see a monthly resistance trendline and a double top

Fundamentals: uummm we dont do that here :) but perhaps people will buy less risky currencies over new years and new president of United States which equals to buying safe (USD and JPY) currencies.
Thank you for sharing your idea, nice trade setup. I have similar view as well.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出