NZドル/円
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NZDJPY Shorts to continue

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NZDJPY has enter Phase C of a Wyckoff Distribution Schematic. Expecting continued shorts towards the middle of the trading range, followed by a mitigation/test of the UTAD that was created. From There I can see NJ continuing towards the bottom of the trading range.
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Price failed to properly distribute. After creating the Up Trust After Distribution, Price did not break structure to the downside allowing for an entry.
Supply and Demand

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