Hello guys,
Here is my idea on NZD JPY for long position
Reason for this trade.
1: A bounce from Support level
2: Fib Retracement level
3: LH market structure was broken and the market is currently retesting it.
4: The market formed a demand level that broke the LH market structure which give us a sign for upward movement.
First Trade will be executed at the bounce of support + fib retracement level + Market structure break and retest.
If failed
Second Trade will be executed at the Demand level.
Share your thoughts on this one
Trade Safe
UBK
Here is my idea on NZD JPY for long position
Reason for this trade.
1: A bounce from Support level
2: Fib Retracement level
3: LH market structure was broken and the market is currently retesting it.
4: The market formed a demand level that broke the LH market structure which give us a sign for upward movement.
First Trade will be executed at the bounce of support + fib retracement level + Market structure break and retest.
If failed
Second Trade will be executed at the Demand level.
Share your thoughts on this one
Trade Safe
UBK