Hi guys!
NZDJPY is reaching a key area, and it's time to look for short here.
We have many reasons for that, as: divergence and overbought RSI, fib levels confluence and supply zone. All as shown in the chart.
Like if you agree, support and follow please!
NZDJPY is reaching a key area, and it's time to look for short here.
We have many reasons for that, as: divergence and overbought RSI, fib levels confluence and supply zone. All as shown in the chart.
Like if you agree, support and follow please!
Note
Price is on the level now, but still no evidence of weakness here. I'll be looking for daily bearish candle formation to short this one coz the JPY is still very weak. Note
I'm shorting here, due to low R:R. And i'll add more if it break 82Note
Still not showing big signs of weakness here. Tomorrow can be the game changer day, so wait for better signals before shorting this pair. Note
Trade active
Lets hope it's not a fake out :)Note
Realy nice drop! Those who didn't make an entry wait for the restest of structure next week :)Trade closed: target reached
Happy pips guys!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.