Trade Ideas Analysis: NZDJPY Sideways

A sideway bounce set up for a perfect shorting opportunity. This will not just be a trend trading trade for me but also a trend-following trade.

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Trade active

The candle highlighted by the red eclipsed pose a concern of market reversal towards to upside, I will observe closely on market open and may close manually. Currently, NZDJPY is at 70.62(+57pips)

Trade closed manually

Due to Candle gap up, trade exit after it "covers back"
70.63(56pips)

RaynLim

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RaynLim

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