Trade Ideas Position: NZDJPY Bat

A bearish bat setup on this timeframe does not necessary got me interested to engage this trade.

However, look how nicely the candle close as a long shadow and below the previous candle high. I already have the intention to short at the market based on the daily chart.

This provides a better price entry then to engage it directly on the daily chart.

Just take note is not my usual trade style off 4timeframes away but this is a 1 off thing.