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MatthewLundgren
Mar 2, 2017 3:00 AM

Short on NZDJPY Short

NZD/JPYOANDA

Description

If this 4H candle closes bearish/shows rejection, I'm seeing a short. Rejecting the 78.6% fib level, the bank level @ 81.500, and a possible broken bullish TL (retesting). Also seems to be in a descending triangle pattern. There is a multiple bottom to watch out for, so setting TP above that.
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