Possible short on NZDJPY
Hello traders,
here is my view on NZDJPY pair. I think that good short opportunity is forming up.
Price failed to create a new HL and made strong push to the downside, creating LL and forming up a new LH.
We can see that price is coming to 0.61 fib level. This would be a great area to enter a short trade. We will monitor the price closely around that area and enter on the 4h chart.
Don't forget to participate an let us know your views on this pair!
Cheers!
J
here is my view on NZDJPY pair. I think that good short opportunity is forming up.
Price failed to create a new HL and made strong push to the downside, creating LL and forming up a new LH.
We can see that price is coming to 0.61 fib level. This would be a great area to enter a short trade. We will monitor the price closely around that area and enter on the 4h chart.
Don't forget to participate an let us know your views on this pair!
Cheers!
J