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IAmTheDisciplinedTrader

NZDJPY Bearish Perspective

Short
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
IAmTheDisciplinedTrader Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis NZDJPY SELL short Bearish Patterns structure trend mikenavarrete quantumcreations
5
0
trendanalysis chartpattern beyondta nzdjpy sell short bearish structure trend mikenavarrete quantumcreations
NZDJPY Sell
Entry: 75.55 - 75.65
Target 1: 75.15
1H Fibonacci Extension Target: 74.90
Daily Fibonacci Extension Target: 73.65
SL: 75.95
R/R: 1.4; 2.32; 6.06

• All ideas are at your own risk. Please use the appropriate risk management. We suggest never risking more than 5% of your balance in a trade. Trade carries a great risk, be careful! Loss streaks come as easy as winning streaks. If you use risk management, your account will increase with time.

What do you see?
Trade active:
Last 4H Candle showed buyers' exhaustion and a sign for further push to the downside.

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