The Nzd/Jpy made a brake to the upside of the 200sma SurpriseBox yesterday when looking at the four hour chart (4h). This brake was out of a "double bottom formation". Target was set near the 800sma (purple line) at 64.37. This target was hit with a profit. As in the past, the trade was posted in twitter (@surprisetrade).
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
