Muscenti
Short

4 Solid reasons to short to NZDJPY right now.

FX:NZDJPY   New Zealand Dollar/Japanese Yen
146 2 7
1. Structure (red dotted line)
2. 4/1 Gann Line (2nd toughest resistance)
3. 50% retracement reached of last week's move smack dab at the 4h 100 SMMA
3. RSI

If this holds I'm carrying the short till next week. Stop placed at 76.2
Comment: went ahead and took some tp at the at the 3/1 intersection. always the possibility of an upward trend continuation.
Comment: nailed aprx 100 pips during low volume ASIAN session, and the drop continues. You like that !@#T!!?
Comment: 4h closing behind the 4/1, but a close below the .382 will help solidify more downward movement
How do you get those diagonal lines from up top?
Reply
Muscenti rmazur2015
gann lines, just select the chosen high and low
Reply
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