NZD-JPY trade opportunity | Forex Factory

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NZD-JPY trade opportunity

  • #1
  • First Post: Edited 5:08am Dec 24, 2012 1:47am | Edited 5:08am
Traders pls look at the NZD - JPY weekly timeframe there is a very large consolidation range,
Now a break from that range at resistance is probably at play with a test , if the market breaks out, the lengt of the consolidation is the lengt of the break out.
If the market returns back in the range short to support
FX Bunte
Attached Image (click to enlarge)
Click to Enlarge Name: NZD-JPY.jpg Size: 107 KB
  • #2
  • Dec 24, 2012 6:44am Dec 24, 2012 6:44am
Hi FX Bunte, I saw that too..MERRY CHRISTMAS....Happy Pips!..cheers

Quoting FX Bunte
Traders pls look at the NZD - JPY weekly timeframe there is a very large consolidation range,
Now a break from that range at resistance is probably at play with a test , if the market breaks out, the lengt of the consolidation is the lengt of the break out.
If the market returns back in the range short to support
FX Bunte
Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpy.gif Size: 46 KB
  • #3
  • Last Post: Jan 2, 2013 4:08am Jan 2, 2013 4:08am
Traders pls look at the chart, I will wait for the pullback and enter again Long
FX Bunte
Attached Image (click to enlarge)
Click to Enlarge Name: chart NZD JPY.jpg Size: 106 KB
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