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AkashGaur
Jan 21, 2017 11:24 AM

nzdjpy sell setup Short

New Zealand Dollar/Japanese YenFXCM

Description

Hello everyone, here we have another sell setup on the nzdjpy. The harmonic pattern is in very preliminary stages however due to the presence of a divergence i am expecting short term bullish momentum. Based on the AB leg , the pattern at our disposal might be a bat pattern which i am looking to sell. However again, we do need a trend continuation pattern before we look to sell this pair. Also no breakout , means no entries.
Cheers
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