AdamWiIson

NZDJPY... BIG R:R Short

Short
FX:NZDJPY   New Zealand Dollar / Japanese Yen
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3
This is worth a short from this level for me. POC highlighted by the blue line has previously acted as resistance. Price has since broken through this level but has quickly settled back below. I am in short now with my Stop loss above the latest high, the high prior to this one has been taken and this may just be price reaching liquidity before a big move down. Fake breakout? If it is then the R:R is HUGE!