NZDJPY downtrend Short
Hi,
NZJPY is in a downtrend and technical analysis for "selling" looks very good. I have entered my short position and am looking to take some profits at the last low around 66.70. I'll be leaving 30% of my position open and this trend could continue over several months. My risk is 1:1 ratio and I believe probability of profitability is greater than 50%.
NZJPY is in a downtrend and technical analysis for "selling" looks very good. I have entered my short position and am looking to take some profits at the last low around 66.70. I'll be leaving 30% of my position open and this trend could continue over several months. My risk is 1:1 ratio and I believe probability of profitability is greater than 50%.
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