Prepare for the upcoming downtrend

٢٦ سبتمبر ٢٠٢٣

⭐️Smart investment, Strong finance

⭐️Personal comments NOVA:
The price is approaching the very strong resistance area of ​​89,600, buying pressure is gradually decreasing. There are SELL signals at this time to prepare for the upcoming downtrend

⭐️SET UP NZD/JPY PRICE:

🔥SELL NZD/JPY zone: 88.800 - 88.950 SL 89.400
TP1: 88.500
TP2: 88.200
TP3: 87.900

🔥SELL NZD/JPY zone: 89.600 - 89.500 SL 90.000
TP1: 89.200
TP2: 88.500
TP3: 88.000

⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.

⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest