• Follow Us
logo

SHORT: NZD/JPY:Has Been Trading Below A Descending Resistance Channel

The pair has been trading below a descending resistance channel since 3 Dec. 2018. Recent price action suggests the pair may be attempting to make another attempt at re-testing resistance. Failure to break above the ceiling could result in a selloff as discouraged bulls offset their long positions.

Signal Specification
Pair:NZD/JPY
Entry Type:SHORT
Entry: 72.191
Tp: 66.691
Sl: 74.549
R/R:2.33
Our Unique Features:
—————————————————————
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Roy McBruckes are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
Forex Tamil
————————————————————————————
If you find it useful, hit the like and comment.
follow our updates for more profitable trades.
FOREX TRADING / FOREX TRAINING / FOREX ACCOUNT OPENING
CONTACT US
Mail : [email protected] Skype : qmanager.live
Phone: 0091 9600329983 and 0091 9487929983
Whatsup: +91-9600329983 and viber: +91-9600329983
Instagram: https://www.instagram.com/forextamil/
Facebook: www. facebook .com/forextamil4u
Twitter: https://twitter.com/forextamil
Telegram.: https://t.me/joinchat/AAAAAE1NL_LTgtLrGl
Pinterest: https://in.pinterest.com/forextamil/
Youtube: http://www.youtube.com/user/senthamizhar
Tradingview: https://www.tradingview.com/u/forextamil

16 Dec 2019 12:35 pm Posted by admin