Trade idea - NZJPY Short

By FXKjell
Updated
4H

Bearish impulse / break of last HL: indication.

Head & Shoulders pattern: confirmation.

Clear support & resistance zone is there.


From 1H perspective: Corrective approach towards entry zone + -27 Fibonacci completion aligning with entry zone.

= Sell limit.

Bearish Fake Out flag also there as extra evidence.

snapshot
Comment
DAILY

Clear support & resistance zone is there.

snapshot
Trade active
Active.
Trade closed: stop reached
-1.5%
Chart PatternsForexfxtradingnoindicatorsNZDJPYshortsetupsupply_and_demandSupport and ResistancesupportandresistancezonesTechnical AnalysisTrend Analysis
FXKjell

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