Type
Live
Date
February 6, 2022
Pair
#nzdjpy
TP1
2.4
TP2
Concepts
#qml#Fib_Retracement#fib_extension#fib_confluence
TRADE RESULT

BIAS & PAZ

SETUP

NOTES
On the HTF we traded into a big #PAZ. We had the 88.6 #Fib_Retrace of the bigger wave as well the 113 #Fib_Extension of the last bullish wave as well as a big #QML level. Once price reacted of this we formed a #RP08. The stop was probably a little bigger than needed so we only managed to squeeze out 1.8R on this one.