As we are bearish on the NZD shorting the
NZDJPY
is a "no brainer".
It's a super fun trade because there is confluence of the trendline with the 61% fib and the R2 weekly pivot.
As I already am selling the kiwi I could only take a small position.
First target is at the 127% fib extensions around 74.77 because there are a lot of levels coinciding over there.
Trade safely!
NZDJPY
is a "no brainer". It's a super fun trade because there is confluence of the trendline with the 61% fib and the R2 weekly pivot.
As I already am selling the kiwi I could only take a small position.
First target is at the 127% fib extensions around 74.77 because there are a lot of levels coinciding over there.
Trade safely!