NZDJPY Sell on SR re test
Price has broken Support and is currently re testing it from the bottom.
Trend line for additional confirmation.
Fibo 38 retracement for bigger wave and 50 for last move.
I have some concerns on this trade as already have profitable long position on USD/JPY. Correlation for 4H charts is only 53% but for daily it's 71%.
Trend line for additional confirmation.
Fibo 38 retracement for bigger wave and 50 for last move.
I have some concerns on this trade as already have profitable long position on USD/JPY. Correlation for 4H charts is only 53% but for daily it's 71%.
Trade closed: stop reached
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