Hi Traders
I have spotted a really nice setup on NZDJPY this morning. Very nice price action and structure just switched to bearish. Reason enough for me to jump into a quick short position.
RR is 1:2 - which is my absolute minimum by the way. I prefer 1:3+ but 1:2 will do for daytrades.
As usual, once price hits 1R profit stop goes to breakeven.
Let me know what you think in the comments below and if you like this idea I would appreciate a thumbs up 👍🏼 from you.
Good luck!
I have spotted a really nice setup on NZDJPY this morning. Very nice price action and structure just switched to bearish. Reason enough for me to jump into a quick short position.
RR is 1:2 - which is my absolute minimum by the way. I prefer 1:3+ but 1:2 will do for daytrades.
As usual, once price hits 1R profit stop goes to breakeven.
Let me know what you think in the comments below and if you like this idea I would appreciate a thumbs up 👍🏼 from you.
Good luck!