Long NZDJPY D1 Entry @ 81.667 - SL @ 79.40 - TP @ 85.55
Both the NZD and the JPY a being sold on the COT report dated May 10 2022. So the institutions aren't favoring either currency. The currency strength meter has the NZD slightly stronger than the JPY. So I'm going long with two other confirmations seasonality (bullish cycle between 5/19/ 2022 - 6/9/2022) and a bullish order block.
Both the NZD and the JPY a being sold on the COT report dated May 10 2022. So the institutions aren't favoring either currency. The currency strength meter has the NZD slightly stronger than the JPY. So I'm going long with two other confirmations seasonality (bullish cycle between 5/19/ 2022 - 6/9/2022) and a bullish order block.
Handel aktiv:
I closed 40% of the trade and trailed up the stop to breakeven plus 0.0050.
Trade stängt: målet nått:
remaining part of trade hit tp 2 on friday 06/03/2022
