NZDJPY Price Action Analysis – 25th Sept 2017
Before you continue, we want to make sure you understand that this is a past trade idea found inside The Price Action Club which is a premium Price Action trade signal service. This post is 1 week delayed and this idea is no longer valid but the lesson is still valid. We post this to show you what is inside the Price Action Club. It would be awesome if you join us to learn and to trade our trade ideas. We hope to see you inside the Price Action Club soon. Click here to join us…Join The Price Action Club Here…
NZDJPY has been bearish on the H4 chart. Today’s H1 price action suggests that the pair is getting ready to make another move towards the downside. Thus, sellers will keep their eyes on the pair since the pair might offer an entry, which offers an excellent risk and reward ratio. Let us have a look at the H1 NZDJPY chart.
- Sell Limit Order: 81.850
- Stop Loss Level: 82.200
- Take Profit Level: 80.100
- Validity: 72 hours
- Whenever possible, move the stop loss to the entry price and whenever you want, you can take profit anytime as long as you feel comfortable
All EUR pairs started today’s trading day with a huge gap. It is because of German election. The traders might have to be patient here to trade on the EURO pairs today and tomorrow because of the Gap. When a pair has a gap, it gets difficult to spot out the potential level of support or resistance as far as H1 or H4 charts are concerned. Thus, traders to trade on the EURO pair might as well be patient to be sure about the level of Support/Resistance until tomorrow
You can also take a look at our previous (and most likely profitable) Free Forex Trading Signals Here.
NZDJPY Price Action Analysis – 25th Sept 2017Join The Price Action Club Here…
Claim Your $60 No Deposit Bonus Here
All you need is to have your live account verified!
Of course, you need to open a live account...
2 Brokers that we like A LOT!
USD30 from each Forex Broker Below.
Both Forex Brokers have excellent rating!
We use both of these brokers and proudly promote them!NOTE: Not all countries qualify for these bonuses. Terms and Condition Applies.
Other Analysis Today