NZDJPY SHORT TECHNICAL SETUPS

23 Eki 2023

As you can see the overall market is downtrend and the market hit one of my minor level and break lower and go back for retracement to respect the minor level and gives us confirmation for selling but the market fail to break the first breakout when coming back, that’s why I draw Fibonacci from swing high to swing low to see if the market is going to respect one of those level before going to the downside.