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Gastunechi
Mar 16, 2019 2:54 PM

NZDJPY SHORT Short

NZD/JPYOANDA

Description

I see:
- 76.444 horizontal line acting as a daily resistance of the range (support at 75.129)
- Indecision candlesticks on the daily with a pinbar as last candlestick
- 5th touch of that resistance, price being rejected on H4.
- Bearish divergence of RSI 14 on the H4, H3, H2, H1

These confluences give me a bearish bias on the pair.

Safe Trading !

Trade closed: stop reached

Got out of this trade but i still think that the pair is bearish if 76.444 holds prices
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