MrVolcano

NZDJPY approaching top of range. Ready to reverse?

Short
MrVolcano Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
2
Pair is once again approaching the top of the wedge range. I expect a reversal to the lows of the range.

I'll be entering this as a sell order. All of my other NZD pairs as also approaching resistance and starting to look weak, so I feel reasonably confident that price will reverse once it hits the resistance level.

Good luck!
Order cancelled:
So unfortunate. Order didn't get triggered. Would have been a good trade (so far).
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.