RaynLim

Finally, Shorting Opportunity

Short
FX:NZDJPY   New Zealand Dollar / Japanese Yen
πŸ“‰ After a week of waiting, the market has finally retested my preferred entry price for a short position on the Bearish Crab Pattern(daily chart), which complements the Bearish Shark Pattern(weekly chart) at the 88.50 level. Check out the link article in the TradingView post for a refresher on last week's discussion.

πŸ’Ό Trading is all about minimizing initial stop-loss and maximizing profits sensibly.

πŸ”„ A retest of the key resistance level at 88.60 on the 1-hourly chart would confirm this trading idea for me.

πŸ” This trade holds the highest priority for me in the upcoming week.

Share your highest priority trade for the week! πŸ“ŠπŸ’­

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