NZDJPY SELL SETUP

Updated
Break of TL on daily.

Waiting for a bit of a deeper retracement.

Potential swing trade for ~ 400 pips if we get that move down.
Trade closed: target reached
Closing position.

Entered manually after price failed to pull back to anticipated level.

It bounced off the 23.6 fib and looks to have stalled at the 1.27 extension. Has the potential to continue to travel.

Will reenter.

Extension has been hit.
Note
snapshot
FibonacciFibonacci RetracementnzdjpysellnzdjpyshortSupport and ResistanceTrend Analysis

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