nakedchartist
Short

NZDJPY short at potential right shoulder

FX:NZDJPY   New Zealand Dollar/Japanese Yen
on the h4 timeframe, I can see a possible right shoulder being formed and I will be keen to reenter on the downtrend via the hns formation.
on h1, I will be relying on my usual channel setup, and looking for it break.
I am happy when i see h1 divergence appearing.
So far I have been short, then long and now short. Perhaps I have been playing all legs of NZDJPY             and hope the 3rd time is a good one as well.
Almost SL-ing soon, but I will wait for a day close to ascertain if this resistance is holding.
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