Monday, November 26, 2012

NZDJPY Channel Trade Setup

myfxvoyage.blogspot.com NZDJPY Channel Trade
NZDJPY H1
Most of the XXXJPY pairs are in overbrought situation. 

NZDJPY pair is having a ascending channel setup on hourly charts. 



My strategy is to go short on touch of channel's upper trendline OR on a break below channel's lower trendline. 


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