NZDJPY Possible Short Re-Entry

NZDJPY has broken the ascending channel down and indicators are showing bearish momentum while the pair is currently oversold on both the Stoch and RSI on the 1HR chart. I believe waiting for price to possibly retest around the broken channel to re-enter if you've missed the chance and aim for 79.500

Trade ist aktiv:

Price retraced back to .382 fib

Kommentar:

Price seem to form a descending triangle on the 1HR chart. Watch for a break out to the downside for another chance to enter on this trade if you've missed previous entry or to possibly add on to your position.

Trade wurde manuell geschlossen:

Trade closed due to fundamentals.