Hello Traders!
Welcome to another analysis on NZDJPY.
Price is showing some rejection after reaching the top of the downtrend channel. Signalling a possibility of a short setup.
Market-SELL: 69.000
Stop-Loss: 69.300
Target: 69.700
Stop-Loss: 30 pips
Risk: 1%
Risk-Reward: 4.33
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.
Welcome to another analysis on NZDJPY.
Price is showing some rejection after reaching the top of the downtrend channel. Signalling a possibility of a short setup.
Market-SELL: 69.000
Stop-Loss: 69.300
Target: 69.700
Stop-Loss: 30 pips
Risk: 1%
Risk-Reward: 4.33
What do you think?
Thank you for checking my idea out. Do not forget to Like, Comment and Follow for more ideas.