BUY NZDJPY R:R 2.44
Hi Traders,
A quick look at this chart shows an upward trend:
1. RSI is pointing up
2. Resistance at the support level and a reversal
3. An upward trend to 0.618 Fib is quite possible
T/P at 78.80 (0.618 Fib)
S/L at 75.50 just below the support level incase of fake breakout or pullback
R:R at 2.44
Expect some retracement period and if it all goes well, there's some good profit to earn.
Please don't trade more than 2% of your capital
Any comments or ideas, feel free to share.
Cheers!
A quick look at this chart shows an upward trend:
1. RSI is pointing up
2. Resistance at the support level and a reversal
3. An upward trend to 0.618 Fib is quite possible
T/P at 78.80 (0.618 Fib)
S/L at 75.50 just below the support level incase of fake breakout or pullback
R:R at 2.44
Expect some retracement period and if it all goes well, there's some good profit to earn.
Please don't trade more than 2% of your capital
Any comments or ideas, feel free to share.
Cheers!
Uwaga
We are retracement period as expected, Waiting for the upward trend
Uwaga
Just passed the retracement period.0.618 Fib is very possible
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