NZD/JPY short idea
Confluences - Impulse to the downside, broke back below s/r zone, broken trend line and created a lower low.
Entry - Will consider shorting this pair later this evening if we can create a lower high and get further short team bearish price action. We will have to wait to see how the market develops after 10pm ofcourse. Be wary of increased spreads between 10-10:30pm!
If a short position is taken, we will simply look to play it down to the 75 region.
Entry - Will consider shorting this pair later this evening if we can create a lower high and get further short team bearish price action. We will have to wait to see how the market develops after 10pm ofcourse. Be wary of increased spreads between 10-10:30pm!
If a short position is taken, we will simply look to play it down to the 75 region.
Kommentar:
Break even trade. SL hit at entry