NZDJPY SHORT
NZDJPY heading for the golden fib zone of 61.8. Also a common zone for price action. Higher time frames show a clear descending channel price is reaching upper descending trendline.
Confluences for the trade
1- 61.8 Fib zone
2. highlighted price action zone
3- Descending Channel
Confluences for the trade
1- 61.8 Fib zone
2. highlighted price action zone
3- Descending Channel
Note
Playing out as expected
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