#NZDJPY | Sell Opportunity | Potential 3.24 RR
Some volatility yesterday led a to a continued breakdown a bounce is looking likely here although not one that will sustain. So continued downside is to be expected from here - we are just aiming for a good entry on this move. Await a nice confirmation reversal signal such as a bearish divergence and that should be enough to trigger a sell.
ENTRY | 88.159
TARGET | 87.469
STOP | 88.368
Disclaimer |
I am a day trader and do not enter these swing trades personally - these are merely publications of my ideas and analysis that conduct and share for free. Please consider your own investment your own responsibilty.
Some volatility yesterday led a to a continued breakdown a bounce is looking likely here although not one that will sustain. So continued downside is to be expected from here - we are just aiming for a good entry on this move. Await a nice confirmation reversal signal such as a bearish divergence and that should be enough to trigger a sell.
ENTRY | 88.159
TARGET | 87.469
STOP | 88.368
Disclaimer |
I am a day trader and do not enter these swing trades personally - these are merely publications of my ideas and analysis that conduct and share for free. Please consider your own investment your own responsibilty.
