happyastronaut

NZDJPY - LONG ENTRY

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OANDA:NZDJPY   NZドル/円
NZDJPY OUTLOOK

Price trading inside bearish channel but is at a key order block at the moment, indicating a potential opportunity for a long.
We had already marked the Key Level, but will make sure to look out for the price action before making any entries.

Impulse long entries can be taken once price rejects that region.

We had our sells set up with potential downside in the R:R ratio of 1:3.

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