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UnknownUnicorn772665

NZDJPY Short Trade *TRENDLINE BREAK & FIBONACCI*

Short
New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)  
UnknownUnicorn772665 Updated   
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Technical Indicators Wave Analysis NZD NZDJPY jpy shortrade Fibonacci Retracement Trend Line Break trendlineconfluence
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trendanalysis indicator waveanalysis nzd nzdjpy jpy shortrade fibonacciretracement trendlinebreak trendlineconfluence
NZDJPY Short set up after last weeks lovely bearish action.

4hr bullish trendline broken.
4hr lower low made last week.

I am shorting on the retest of broken trendline, multiple rejections of the Fib 0.618 level and lower high forming.

SL comfortably above 0.786 Fib
Trade active
Comment:
Price has snapped perfectly
Comment:
Good daily and weekly bearish candles on this trade.
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