The Straight Path of Investment (251) Market Extremes
The Way of Investment (That 251)
Market Extremes Edition
1. NZDJPYAftermath
“The Way of Investment (That 249)” describes the drop from the peak of NZDJPY. Let’s take a look at the subsequent movement.
The figure above is a 1-hour chart of NZDJPY. It hit a top on Monday and fell steeply. Entries based on a close below the most recent low, or a break of the rising trend line, simply by those orthodox methods, yielded substantial profits. It has fallen about 250 pips from the top, so, readers who viewed the “The Way of Investment (That 249)” Market Extremes Edition should have surely gained profits.
(Note: The “The Way of Investment (That 249)” Market Extremes Edition has been viewed by 56 people)。)
2. NZDJPY what lies ahead??
(NZDUSD could be good too)
Looking at the daily chart, there is still a potential margin of about 1300 pips to the bottom. This is something to pursue.
Next we will check the currency strength chart.