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NZDJPY D1: distribution // SHORT IT TP +400 pips (SL/TP)(NEW)

Short
FX:NZDJPY   Dollar Néo-Zélandais / Yen Japonais
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NZDJPY D1: distribution // SHORT IT TP +400 pips (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: NZDJPY daily chart review
::: updated/revised outlook for new week
::: distribution at the top in progress
::: filled massive gap and BEARS took over
::: expecting more downside mid-term
::: BEARS will target +400 pips from here
::: shorting at market makes sense
::: alternatively short rips/rallies
::: recommended strategy: SHORT RIPS/RALLIES
::: TP is +400 pips
::: nice low risk setup
::: might get triggered soon
::: SHORT/HOLD - swing trade setup
::: 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: BEARS

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