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HayatoDragonFX

NZDJPY, 4hr tf, sell the hidden bearish divergence

Short
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
HayatoDragonFX  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Support and Resistance Oscillators Moving Averages NZDJPY nzdjpyshort nzdjpysell nzdjpyanalysis Hidden Bearish RSI Divergence hiddendivergence priceaction priceactiontrading
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supportandresistance oscillator movingaverage nzdjpy nzdjpyshort nzdjpysell nzdjpyanalysis hiddenbearishrsidivergence hiddendivergence priceaction priceactiontrading

We got another sell setup for JPY crosses which is NZDJPY.

As you can see price making a hidden bearish divergence and it occurs exactly at EMA-50. We might see price rotate lower from this point.

Sell NZDJPY 77.65
Stop loss 78.00
Take profit 75.80 (5.3R)

Use only 1-2% risk
Good luck

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