NZDJPY short idea based on trend line.
Hi guys,
After a successful short trade based on Trend line a couple of days ago price action is coming to the zone once again. Similar setup to the previous one and planning to go short from the trend line and my tp is around that support zone. The trade will only be valid if we see bearish engulfing candle at the trendline. Otherwise no trade shall take place and the setup will be invalid.
Let me know your thoughts.
Trade safe and good luck.
Cheers
B
After a successful short trade based on Trend line a couple of days ago price action is coming to the zone once again. Similar setup to the previous one and planning to go short from the trend line and my tp is around that support zone. The trade will only be valid if we see bearish engulfing candle at the trendline. Otherwise no trade shall take place and the setup will be invalid.
Let me know your thoughts.
Trade safe and good luck.
Cheers
B