joeyvalentino

Go Short @70: NZDJPY update for re entry

Short
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Already in this trade short right aaround 71.2... There is divergence on the RSI as price is facing major rejections at around 71.2...

now it looks like it is painting the rest of the true reversal pattern which could be a head n shoulders type of pattern. if this trade fails i would simply to look to get back in at around 71.2...

this is a classic signature setup of mine... bearish divergence in the triple top on RSI and the beginning of a potential head n shoulders. original trade will be linked below

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