NZDJPY POSSIBLE SHORT SETUP
Hello Traders!
Welcome to another analysis on NZDJPY.
Price is showing some rejection after reaching the top of the downtrend channel. Signalling a possibility of a short setup.
Market-SELL: 69.000
Stop-Loss: 69.300
Target: 69.700
Stop-Loss: 30 pips
Risk: 1%
Risk-Reward: 4.33
What do you think?
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Welcome to another analysis on NZDJPY.
Price is showing some rejection after reaching the top of the downtrend channel. Signalling a possibility of a short setup.
Market-SELL: 69.000
Stop-Loss: 69.300
Target: 69.700
Stop-Loss: 30 pips
Risk: 1%
Risk-Reward: 4.33
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
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