The 3rd pair looked at in today's video featured a bearish trend trading opportunity.
After a beautiful higher time frame 2618 completion the NZDJPY has been in a free for all since trading right below 84's. After the recent extension it has now created a rising channel back into previous structure. The technical killzone to start looking for shorting opportunities is from 79.10's to 80.60's but a smaller zone starting at 79.50's is what stands out to me.
This isn't a pair that's in my trading portfolio so i won't be trading it, but we'll certainly keeping an eye on it this week as many of the traders that I work with do.
Akil
"Everton Looked Horrible Today"
After a beautiful higher time frame 2618 completion the NZDJPY has been in a free for all since trading right below 84's. After the recent extension it has now created a rising channel back into previous structure. The technical killzone to start looking for shorting opportunities is from 79.10's to 80.60's but a smaller zone starting at 79.50's is what stands out to me.
This isn't a pair that's in my trading portfolio so i won't be trading it, but we'll certainly keeping an eye on it this week as many of the traders that I work with do.
Akil
"Everton Looked Horrible Today"
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tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Buyers/Builders Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
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.
Coaching, Courses & Community
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Buyers/Builders Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Buyers/Builders Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
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.