PriceActionTrading

NZDJPY PIN BAR AT ROUND NUMBER 90.

Short
FX:NZDJPY   New Zealand Dollar / Japanese Yen
2
D1 CLOSED WITH A PIN BAR AT 50SMA AND AT A ROUND NUMBER 90.

SIMILAR TO NZDUSD IDEA.
H4 BEARISH RSI DIVERGENCE.
WAIT FOR A CONFIRM BREAK OF D1 PIN BAR BEFORE DECIDING TO SELL.

MARKET IS OVERALL UP HOWEVER I FEEL OVEREXTENDED.
ONLY DOWNSIDE OF THIS TRADE IDEA IS THE LOW RISK REWARD.
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