The Nzd/Jpy made a brake to the upside of the 200sma SurpriseBox, when looking at the four hour chart (4h). The stop was placed at the bottom of the long candle out of the box (63.65) and the target will be near the 800sma (purple line) at 64.37. Started probing a long position, will add on a expected pullback. 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