NZDJPY, price at top of channel, look for a short

New Zealand Dollar / Japanese Yen (OANDA:NZDJPY)

OANDA:NZDJPY New Zealand Dollar / Japanese Yen

parallelchannel mtfa chartpattern nzdjpy nzdjpyshort nzdjpyanalysis nzdjpysell nzdjpylong

Hi Traders,

Price action on NZDJPY is continuing to look bearish as price is moving within an Ascending channel approaching the top boundary. We have a double top and a LTF channel within the HTF reversal structure to give us confluence for a sell on this pair.

What's your analysis ? Share a comment below and let me know what you think!

Click the like button if youn agree with this idea!

Trade Safe!

parallelchannel
mtfa
chartpattern
nzdjpy
nzdjpyshort
nzdjpyanalysis
nzdjpysell
nzdjpylong

Related Ideas

about NZDJPY

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.