can go really high after triangle break, there is daily divergence, so possible correction in upcoming days
Comments
ForceFollower
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And NZD/JPY has just become the strongest pair. It looks like you were right indeed predicting the yen's coming weakness. I didn't see it coming. Good job!
itaskar
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thx a lot :) future will show more
ForceFollower
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Anyway, NZDJPY is worth being put on the watchlist - looking to buy on some dips. However, trade the yen pairs with extreme caution, they tend to exhibit wild volatility. My strategy didn't fail much, but when it did, there was always the yen involved (CHFJPY and CADJPY). That's why I don't like the yen pairs and if I have to, I handle them with extra care.
ForceFollower
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So, this kiwi doesn't look like it's done rising yet. :-) A good study - two up forks in play. Both work very well. I agree and stay bullish NZD.