Get started
Pin_Point_Signal_Service

NZDJPY moving inside ascending channel

Short
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
Pin_Point_Signal_Service Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
7
0
Short opportunity.
Comment:
lower time frame.

snapshot
Comment:
Daily view.

snapshot
Comment:
Simple Zig-Zag completed. Short opportunity with tight SL.

snapshot
Comment:
Price went up all day long. Now is testing the top with RSI showing overbought conditions also rising wedge formation indicates trend reversal. Short opportunity if we see down movement.

snapshot
Comment:
Price broke resistance tred line which indicate more up move with long opportunities.

snapshot
Comment:
If we use wave count we can see that price almost completed 5 wave impulse leg with ending diagonal at wave 5. Now we should see some retracement which would be a short opportunity. Possible little more extension to 61.8 and 161.8 extension before down move.

snapshot
Comment:
Comment:
Possible start of retracement.

snapshot
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.