NZD/JPY reaches resistance level, probable sell set-up

KaltoireCapital Updated   
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Hello traders! NZD/JPY has reached the resistance level on the hourly chart.
As you can see in the chart, I have highlighted the resistance level with a rectangular
bar. To be precise, the level around 92.20 is the resistance

So far, we have seen a couple of bearish candlesticks in this level. So, if the level
remains unbroken, traders can consider selling NZDJPY@92.15-92.25 with stop loss
above the resistance level and TP at 91.56
Trade active:
Sold@92.18 as per plan
Trade closed: target reached:
TP hit , 60 Pips profit
This trade is currently in 138 Pips profit for anyone who held

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.