NZDJPY H8: BUY LOW from my level +250/350pips(SL/TP)(SWING)

9 de jan. de 2023

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NZDJPY H8: BUY LOW from my level +250/350pips(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
TAGGED as LONG, however short-term I Expect
more losses / downside before reversal (BULLS)

🔸 Summary and potential trade setup
::: NZDJPY 8hour chart review
::: updated/revised outlook
::: trading within well defined range
::: READ ENTIRE IDEA BEFORE BUYING
::: expect pullback from overhead resistance
::: do not market buy now
::: expecting reversal later near 83.40
::: BULLS remain on sidelines until then
::: for now no trade is recommended
::: 85.60 heavy resistance overhead
::: short-term pullback / correction
::: however expecting BULLISH reaction
::: from 83.20/ 40 later from strong DEMAND
::: recommended strategy: BUY IT 83.40
::: TP1 bulls +250 pips TP2 bulls +350 pips
::: final TP BULLS exit at 87.00
::: 87.00 is premium price / top of trading range
🔸 Supply/Demand Zones
:::fresh supply 85.60
:::fresh demand 83.40
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/REVERSAL
::: Sentiment outlook short-term: BEARS/PULLBACK

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

9 de jan. de 2023

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GBPNZD H4: BEST Level to BUY/HOLD +250/+350 pips(SL/TP)(SWING)