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KEY REASONS FOR FURTHER SELLING NZDJPY:
PAIR TESTING A DESCENDING CHANNEL TOP
POSSIBLE LIQUIDITY GRAB SPOTTED
PAIR REJECTED AT KEY S/R LEVELS @78.60 AND @78.00 AND THE SELLS OFF
***JPY PAIRS SELLING OFF IN THE MEANTIME - RISK-OFF MARKET MOOD
NB: This sell position is already in good profit and running risk-free. Best confirmation for another sell position
for this would be that a 4H candle closes back inside the descending channel and another one retests it, both below @77.
Always remember that nothing is fixed in this FX market. So, obey your rules, your plans and management.
And bear the disclaimer below in mind. Thank you. Leave your comment below, please.
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.
KEY REASONS FOR FURTHER SELLING NZDJPY:
PAIR TESTING A DESCENDING CHANNEL TOP
POSSIBLE LIQUIDITY GRAB SPOTTED
PAIR REJECTED AT KEY S/R LEVELS @78.60 AND @78.00 AND THE SELLS OFF
***JPY PAIRS SELLING OFF IN THE MEANTIME - RISK-OFF MARKET MOOD
NB: This sell position is already in good profit and running risk-free. Best confirmation for another sell position
for this would be that a 4H candle closes back inside the descending channel and another one retests it, both below @77.
Always remember that nothing is fixed in this FX market. So, obey your rules, your plans and management.
And bear the disclaimer below in mind. Thank you. Leave your comment below, please.
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.