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Mr.Js
Aug 10, 2020 8:11 AM

NZDJPY Short Trade Opportunity ! Short

New Zealand Dollar/Japanese YenFXCM

Description

1. Seems Market forming the correction structure ABCDE and just broke the Trendline
2. Accordingly. I see a short opportunity with retest on the Trendline + PP W + PP D + EMA + Fibo 38.2 (Assumed the Strong Resistance)
3. Patience to waiting some price action and validation on the key area, RR about 1:2 - 1:3

Remember !
There is no setup or trading opportunity that promises to be 100% accurate, this is just an opportunity that I found, keep your money management is good !
Probable vs Possible.

Good Luck and Safe Trade !
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