NZDJPY POSSIBLE SHORT SETUP

Hello Traders!

Welcome to another analysis on NZDJPY.
Price is showing some rejection after reaching the top of the downtrend channel. Signalling a possibility of a short setup.

Market-SELL: 69.000
Stop-Loss: 69.300

Target: 69.700

Stop-Loss: 30 pips
Risk: 1%

Risk-Reward: 4.33


What do you think?
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