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gibbsys
Jul 21, 2021 6:20 AM

NZDJPY Short Setup  Short

FX:NZDJPY15
New Zealand Dollar/Japanese YenFXCM

Description

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Trend: Bearish
Structure: Horizontal Support and Resistance

Plan: We look for a small pullback in price before entering in a short position. MACD on the 1 hour TF has confirmed short, so a small pullback would be lead to a good entry for the short.
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