NZDJPY | 1H Time frame | Bearish Rights
Harmonic pattern indicated a potential resistance zone at "D"
Strategy is to take entry at point "C" through Buy Stop. Once the price reaches point "D", I will anticipate a bearish reversal and then play a trending entry after first LL and LH is reached
Entry Price - 83.874
Stop Loss - 82.823
Take Profit 1 - 83.874
Take Profit 2 - 85.790
Lot size - 0.13
Risk at 1%
Strategy is to take entry at point "C" through Buy Stop. Once the price reaches point "D", I will anticipate a bearish reversal and then play a trending entry after first LL and LH is reached
Entry Price - 83.874
Stop Loss - 82.823
Take Profit 1 - 83.874
Take Profit 2 - 85.790
Lot size - 0.13
Risk at 1%