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tradejoyfx
Dec 6, 2019 9:30 AM

SHORT NZDJPY Short

NZD/JPYOANDA

Description

Short setup is coming into play. Price is showing exhaustion as it forms an H&S pattern indicating a decline in strength which infers sellers are fighting to take control. However, only upon a break and close below the neckline will validate this setup. Until then we will be monitoring and stacking confluence.
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