livingdaylight
Short

NZDJPY H4 FO short setup

FX:NZDJPY   New Zealand Dollar / Japanese Yen
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P is travelling in channel and breaks out ( fake-out) toward sell-limit at 89.23
However, it doesn't make it and quickly comes back into the channel having trapped buyers?
P doesn't respect the swap level giving us good opportunity to short when P comes back to test the newly
formed Supply area at 88.13 if we didn't already join the break-down momentum
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