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New Zealand Dollar / Japanese Yen
Short

NZDJPY SELL

By memsta
Updated
Rejected the EMA20 on the H4 and also tested a 50% fib retracement. Looking at the 161 extension as long target.
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stops moved to breakeven and scaled out 33% of position @ the 127 fib extension
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Scaled in with another position. See future idea post NZDJPY CONTINUATION
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scaled in position stopped out but still holding inital entry. scaled out another 20% to counterbalance loss on scaled in position.
Chart Patterns
memsta

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