FX:NZDJPY New Zealand Dollar/Japanese Yen
The NZDJPY short scalp worked out nicely. We were watching both the 5 and 15 Min which were contradicting each other. The 15 Min was in a downtrend but showing a possible long which made us turn our attention to the 5 Min chart which was indicating a possible short trade. Once the pair closed back below the and the stayed in negative territory we had the green light to take a short which yielded a quick 5-8 Pips.