ImoneyCorp
Long

NZDJPY REVERSE HEAD AND SHOULDER {BULLISH}

FX:NZDJPY   New Zealand Dollar/Japanese Yen
I am going to get bullish here first thing market opens. This pair has formed and reverse head and shoulder pattern indicating a turn of events for an uptrend. I know many traders short on this pair. It is time to cut losses as I do not see it going short ut upward given the left shoulder it formed on the 26th of July 2015 and the head on the 7th of September 2015 and the right shoulder on the 29th of October 2015.

I have included arrows to show you where the head, shoulders are on the chart.

Let's see how it goes.

Regards,
Imoneycorp.

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