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Jsarm727

Retrace then short again on NZDJPY

Short
New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)  
Jsarm727  
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns NZDJPY Technical Analysis Forex Supply and Demand Support and Resistance
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trendanalysis harmonicpatterns chartpattern nzdjpy technicalanalysis forex supplyanddemand supportandresistance
I am waiting for the pair to retrace back to the supply, which is in confluence with my 0.382 fib retracement (yellow line). Once it does reach that point, there is a very good chance that NZDJPY gets rejected and creates a lower high.
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