NZD/JPY Market Long TargetTo execute a buy trade on NZD/JPY based on the specified zones and targets, here's a structured plan:
Trade Setup:
Entry Point: 95.200
First Target (TP1): 96.023
Second Target (TP2): 96.450
Risk Management:
Stop Loss (SL): Determined based on your risk tolerance. A common practice is to set the stop loss below a recent support level or a fixed number of pips below the entry point.
Trade Execution:
Entry: Place a buy order at 95.200.
Take Profit (TP1): Set a take profit order at 96.023.
Take Profit (TP2): Set a take profit order at 96.450.
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