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MainStreetTrading
Jul 27, 2017 5:10 PM

NZDJPY Bearish ABCD Short Order Short

NZD/JPYOANDA

Description

NZDJPY has completed a bearish 100% ACBD Pattern, with strong previous resistance at a daily time frame, and a bearish diverging RSI. Strong bearish price action just confirmed our downside movement, look for re-entries to short until we retest the previous channel.

Trade with care everyone!

Comment

Now NZDJPY is 78.918, we have made 5000 pips rewards with very little risk. Good job everyone!!!
Comments
MainStreetTrading
Hey guys, We're currently in 600 pips profits!!!! Congrats to everyone with me in this trade, The bears are moving in and it is good to keep shorting until 82.560. Take profit at 82.560 and then look for to sell at Retracements
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