NZDJPY: Sell Opportunity with Tremendous Risk/Reward (#4 Trade)

FX:NZDJPY   纽元/日元
563 3
Price has reached the sliding parallel of the median line set where it found resistance bouncing to the down. Selling the retest is a nice idea. A bearish divergemce adds to our analysis on going short.

Setup: Sell

Entry level: 79.047
Stop-loss: 79.248
Profit target: 77.992

Risk/Reward: 5.25:1

Trade with care,

DISCLAIMER: You are solely responsible for your trading. The possibility exists that you could sustain a loss in excess of your initial investment.
评论: Move your stoploss at breakeven
评论: Stopped at breakeven
Once the current run plays out, this could be a very nice trade to drive down. Thanks John
you are the best Mr John ...indeed the fork lines never lies ..... this fell so nice like nothing. welldone CLIVITYFX is the best
Fxprotrader melvin414
@melvin414, Thank you for your kind words :)
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