Hello traders, today we have ourselves a lovely NZDJPY short. This trade idea has a lovely return of 370 pips and a R:R of 12.33!

This pair is one of my favourite pairs to trade especially JPY as most of those ideas tend to play out. Check out the results of my other JPY ideas below!

We had a major trendline touch last month and we entered where highlighted by peppa pig, however this updated idea has many factors to support it.

Confluences
  • Fibonacci Level
  • Minor trendline touch
  • Structure Level - Clear rejection


Check out my educational content below!

Please like and comment your thoughts, thanks.
370pipsChart PatternsTechnical IndicatorsjpyNZDNZDJPYshortTrend Analysis

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