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Trend Continuation

by Joseph G, February 19, 2021

NZD/JPY H1 Technical Analysis

by Joe February 19, 2021

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NZD/JPY

|

Long

|

H1

Timeframe:

H1

Analysis Method:

Technical Analysis

Analysis:

JPY weakness propelling price higher across the board. If price closes above the upper trendline as is, we could see a continued push towards 77.75 once there is a break of 76.76
Entry: Close above 76.39
SL 71.754

Trade Plan:

Daily 8EMA continuation with hourly trend continuation confluence

Risk Management:

Risk According to your plan

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