Hi Traders,
NZD/JPY Could provide us with a Beautiful trade, As per my signature setups, I always try finding trades with a clean range to the left which gives the trade a high probability of playing out.
We are looking at the 4-hour timeframe where price is currently trading at 85.500, I am now just waiting for price to break out of the current resistance of 85.685 where I will then be interested in finding a long position to fill 86.55.
If price fails to break and close above I will not be interested in the move anymore.
Renaldo Philander
NZD/JPY Could provide us with a Beautiful trade, As per my signature setups, I always try finding trades with a clean range to the left which gives the trade a high probability of playing out.
We are looking at the 4-hour timeframe where price is currently trading at 85.500, I am now just waiting for price to break out of the current resistance of 85.685 where I will then be interested in finding a long position to fill 86.55.
If price fails to break and close above I will not be interested in the move anymore.
Renaldo Philander