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2. Nov. 2017 17:28

NZDJPY Breakout Retracement Short

New Zealand Dollar/Japanese YenFXCM

Beschreibung

NZDJPY Broke out towards the down side, I'm looking for the price to test back the lows once again. Price touched the trendline to retest support turned resistance, there's a horizontal resistance and on the 1Hour timeframe there's a bearish divergence building up as well
Trading Plan: Stop loss above the red dash line, final profit taking at 77.45, First profit taking at 78.31 (For safer entry : wait for bearish sign after it touches the trendline before entering)
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