Retrace then short again on NZDJPY

By Jsarm727
I am waiting for the pair to retrace back to the supply, which is in confluence with my 0.382 fib retracement (yellow line). Once it does reach that point, there is a very good chance that NZDJPY gets rejected and creates a lower high.
Chart PatternsForexHarmonic PatternsNZDJPYSupply and DemandSupport and ResistanceTechnical AnalysisTrend Analysis

Disclaimer