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RaynLim

Trade Ideas Analysis: NZDJPY Sideways

Short
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
RaynLim Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Chart Patterns Support and Resistance askforex100 NZDJPY sideways sidewaysbounce stacktrade Bearish Bat Bat Harmonic Patterns 3barpattern
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trendanalysis chartpattern supportandresistance askforex100 nzdjpy sideways sidewaysbounce stacktrade bearishbat batpattern harmonicpatterns 3barpattern
A sideway bounce set up for a perfect shorting opportunity. This will not just be a trend trading trade for me but also a trend-following trade.

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Trade active:
The candle highlighted by the red eclipsed pose a concern of market reversal towards to upside, I will observe closely on market open and may close manually. Currently, NZDJPY is at 70.62(+57pips)
Trade closed manually:
Due to Candle gap up, trade exit after it "covers back"
70.63(56pips)
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