Dollaro neozelandese / Yen giapponese
Long
Aggiornato

NZDJPY, 4hr tf, buy above the kumo as long legged doji appears

119
Hello my friends,

Today another setup on JPY pairs. This time it is NZDJPY.
I found a good buy setup for this pair as there are some confirmations appeared which consist of:
1. Parabolic SAR now below the price indicating buying pressure
2. Price above the kumo cloud
3. Kumo cloud is green colored
4. Long legged doji which is a price action confirmation

Buy NZDJPY 71.15
Stop loss 70.80
Take profit 1 @71.50
Take profit 2 @71.85
Take profit 3 @72.20

RR ratio is 1 : 3
Use only 1-2% risk
Good luck

Disclaimer : I bought NZDJPY at 71.15 as per this writing
Trade chiuso: stop raggiunto
SL hit

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