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NZDJPY H4: XABCD / SHORT/LONG +250/+300(SL/TP)(UPDATED)

Short
FX:NZDJPY   Dollar Néo-Zélandais / Yen Japonais
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NZDJPY H4: XABCD / SHORT/LONG +250/+300(SL/TP)(UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as short as I'm expecting a
SHORT/LONG sequence in this market.


🔸 Summary and potential trade setup
::: NZDJPY 4hour/candle chart review
::: speculative XABCD in progress
::: expecting more downside in this market
::: shorting rips/rallies makes sense
::: point D/PRZ near 67. 40 + 300 pips BEARS
::: later reversal at D/PRZ TP BULLS +300 pips
::: recommend to RESHORT after RIP
::: recommended strategy: SHORT THE RIP
::: near 70.75 TP 67.50
::: lower risk strategy: buying near 67.50
::: SL 50 pips TP1 +200 pips TP2 +300 pips
::: this is lower risk / recommend to BUY D/PRZ
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BULLS/D/PRZ

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