long-term short on NZDJPY
Updated
-Price currently in a down trend
- Retraced on a Fib retracement level
- Head and Shoulder chart formation on higher TF
- Sell entry on the resistance trendline
- Retraced on a Fib retracement level
- Head and Shoulder chart formation on higher TF
- Sell entry on the resistance trendline
Note
-Price did not reach intended target but went into profit and I moved the s/l into the profit margin, then upon the retest price retraced back up and hit my s/l
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