NZD/JPY Long

28 sept. 2016

NZD/JPY has entered a level of support on many higher time frames and is now showing signs of bouncing off these levels. Entry was @ 73.11

Divergent bottom, Higher low and break of a trend line while making a new closing high.

Targets will be set near the daily trend line and SL placed just below just rejected trend line created by higher low.

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29 sept. 2016

Note

1/2 of this position has been taken off. will see if we can hold the 73.60 area

29 sept. 2016

Note

Nice bounce here at around 73.60. Moved SL to 73.45 and will stay on the trade til the newly formed trend line is violated

29 sept. 2016

Note

SL was taken out. On to the next trade. Nice small gain