Long

NZDJPY - Bullish Shark(20Jun2021)

A Bullish Shark pattern on the daily chart is about to form up. There's no need for you to be anxious and chase after this trade, what's more important is to ensure the bullish engulfing candle appear within the PRZ. If you have seen the analysis we did on the 4-hourly chart, it gives a total of 209pips of Net Profit, which is approximately 2,090USD/lot traded or on the 1-hourly chart a 240pips run which is approximately 2,400USD/lot.

Many time traders believe that when you trade on a higher time frame you will earn more. Well, now you see it is not always the case. In trading is important not to assume and plan your trade in advance. That make weekend analysis more precious than others.

RaynLim

🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker

Get into our 15mins workday community
discord.gg/AKDr9vPqH7

Live session & Trading Tips on the GO
instagram.com/raynlim/

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

RaynLim

Also on: