NZDJPY H4 short (SWING TRADE IDEA) Short

New Zealand Dollar/Japanese YenFXCM

Description

⋅ Aug 25, 2020 11:54 AM

Here we have a price retracing to 68.1, hitting resistance at a descending parallel channel

Price also coming into an area that has been testes multiple times as support and Resistance

Potential R:R of 5: 1

Chart Patterns Trend Analysis