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Welford3_123
Jul 18, 2018 5:32 PM

NZDJPY Short Idea. Short

New Zealand Dollar/Japanese YenFXCM

Description

Daily and 4Hour in strong downtrend. Price has retraced to 78% fib retracement level and struggling. Harmonic pattern completed on 1hour chart. If breaks downward on 1hour chart I shall be targeting around the 76.00 area on a sell.

This is just my idea of where it may go.

Please comment let me know your thoughts.

Thanks, Good luck all

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Trade progressing well and past the initial target.
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