NZDJPY Possible Short Position
1h - ReEntry
15m- 50 EMA Rejection + Extreme Sell
5m- wait for CSAK + Retest in MAHILO
Note:
*in this analysis I'm waiting for Extreme in 15m to enter a trade
* Cancel trade or cut-loss when candle close above MAHI in 1h
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
15m- 50 EMA Rejection + Extreme Sell
5m- wait for CSAK + Retest in MAHILO
Note:
*in this analysis I'm waiting for Extreme in 15m to enter a trade
* Cancel trade or cut-loss when candle close above MAHI in 1h
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
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