New Zealand Dollar / Japanese Yen
Short
Updated

NZDJPY - Bearish Shark

63
A Bearish Shark Pattern complete on the 8 Rangebar charts is a perfect setup for scalpers.

A trade setup is a trading setup after all. The setup completed at 83.92, if you are late to the trade, it's better for you to sit out of this.

The reason for that is because the profit isn't a lot and by entering late, in the long run, you will jeopardise your trading portfolio.
Trade active
Target1 reached - 83.76(+16)
Shifted stops to entry, Risk-Free Trade Attained
Trade closed: target reached
Target2 Attained - 83.63(+29pips)
Total Profit 29+16pips = 45pips
Approx 320USD/lot traded

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