Horizontal resistance

Trendline break + break of structure (new lower low formed)

LTF correction formed + LTF correction breakout = entry

TP towards last Low

Let's see how this trade plays out


MY Entry for NZDJPY SELL:

NZDJPY SELL
Entry: 81.700
SL:82.000 (-30.0pips)
TP:78.666 (+303.41pips)
RRR: 10.11
Chart PatternsTrend AnalysisWave Analysis

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