FX:NZDJPY New Zealand Dollar/Japanese Yen
NZD has been really strong lately but it's starting to show signs of fatigue. The assenting channel near structure gives me the indication we will likely see a break down. Not to say a news event won't blow things up but the chart reads weak.
thanks for pointing this out. skimming through potential trade setups on this site and then overlay my own analysis. i opened a nzdjpy chart for the first time in a felt decade, saw the h4 and h1 chart + your pointed out weakness on the daily and boom. perfect short opportunity. shorted at 89.43, 12 pip SL and just took 1. tp at +25. next target at +45