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NZDJPY H4 short (SWING TRADE IDEA)

Short
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
SimpleFxPRO  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Chart Patterns Trend Analysis
1
0
chartpattern trendanalysis
Here we have a price retracing to 68.1, hitting resistance at a descending parallel channel

Price also coming into an area that has been testes multiple times as support and Resistance

Potential R:R of 5: 1
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