DeGRAM | NZDJPY counter trend trade

FX:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY is moving in an ascending channel. The market is creating the AB=CD pattern.

On the 4H chart, the market is consolidating. Price made a fibo cluster that lines up with the consolidation border.

We look for selling opportunities at the Fibo extension cluster and resistance level.


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