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NZDJPY Trade Setup (Nov 3)

Profile photo of YJ Baik - Forex.Today by YJ Baik - Forex.Today
2015-11-03_14-15-05-NZDJPY

NZDJPY didn’t drop, even though I see Bearish Divergence on Daily Stochastic.  So my concern was in vein.

Thus, simply look for the next opportunity to buy this pair.

2015-11-03_14-15-05-NZDJPY

BUY ZONE 1 (81.30): Current price level.  This is also WPP.

BUY ZONE 2 (80.90 – 81.00): WM2 & Role Reversal Support

BUY ZONE 3 (81.85 – After the break out!): WM3.  This is Breakout Strategy

 

Hope you can add one more Long position today.

 

YJ Baik – Forex.Today @ Tokyo

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