NZD JPY short

Hello, just a quick one analysts and traders

We have a good opportunity as the supply zone in the green has been rejected.
On the 4 hour we drew a second fibonacci to look for an entry point as you can see on the chart.

The Aussie is still strong but needs a retracement - price can continue to breakthrough but the sells are in play for now.

Note: Trading is about timing. so even if our stop loss gets hit on the chart. We may not have entered all together and orders can be adjusted.
Trade what you see, this is purely our Bias.

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Beyond Technical AnalysisEconomic CyclesFibonacci RetracementimbalancelupacapitalpartnersNZDJPYnzdjpyshortSupply and Demand

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