NZDJPY – Good trade to sell (High School Example)

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NZDJPY – Good trade to sell (High School Example)

Trend: Strong Sell

Support/Resistance:
R3: 71.600
R2: 71.097
R1: 70.523
S1: 70.013
S2: 69.253
S3: 68.652

Price action:
In this case for NZDJPY currency we are expectin this trade as a strong sell like we did for few NZD pairs. Right now we are in sellers trending idea and after breaking first support level at 70.013, this trade will be good to sell to 69.253 support level which is our first potencial target. For now overall potencial target is at level 68.652. For more on this pair you should follow our daily updates and DON'T FORGET to liste Daily Real Set Ups with Our Custom Indicator.

Potencial trade idea:

Bears targets:
T1: 69.253
T2: 68.652

NOTE – We are trading NZDJPY via the preferred trading setups


Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.


Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education

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