NZDJPY | Rejected by Ichi Cloud

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Reason for a Short Position: Price made a breakout of the channel to downward with a breakaway gap. Currently price was rejected by Ichimoku Cloud resistance and Pivot point.

⚠️Always use Stop-Losses in your trades! (little recommendation - Choose your Stop-Loss in the way to get 1/3 Risk Reward ratio at least.)

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advice.