charles-okoukoni 의 FX:NZDJPY 용 NZDJPY Long Trade Setup

trendanalysis chartpattern indicator nzdjpy nzdjpylong nzdjpyanalysis nzdjpybuy nzdjpybull kiwiyen bullish bullishsetup buysetup

A bullish opportunity recently presented itself on the kiwi-yen trading chart (My profit target was triggered when I took the other side of the trade {sell/short/bearish} in the recent past). This follows from the bullish harami candlestick pattern which printed on the 82.112 support level but closed above the same level, indicating a false breakout (fakeout) of the level. A stop loss below the 81.000 psychological level and a profit target anywhere between your entry and the swing high of 87.885 could give you a reward-to-risk ratio as high as 3 or even higher. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades.