SamKent

NZD/JPY Bearish Bat Pattern

Short
FX:NZDJPY   New Zealand Dollar / Japanese Yen
0
The NZD/JPY is on its way on the 1H chart to form a bearish bat pattern. The current bull rally is already showing some signs of exhaustion in candlestick terms, so we'd be looking for some technical formation to allow us to short the market at some completion of the pattern.

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.