moorekapital

NZDJPY: A LEG DOWN PRECEDES 7 WEEKS AT ONE PRICE

FX:NZDJPY   New Zealand Dollar/Japanese Yen
58 3 5
MODE IS NOT DONE BUILDING..........
Price May Pullback Prior To The Ultimate Fall. Alternatively, We May See Immediate Continuation For The Second Leg Down,If Supply Proves Very Strong.

Whichever Way, I Stand Ready To Short This Thing.

Target For Trade Would Be Decided By The Signal, But I See Ultimate Target @ 71.7500

I See Base Of Channel, 76-74 Zone Proving A Bit OF Hindrance , But The Ultimate Target Would Be Hit.

I Would Update When The Signal Is Here


Just Anticipating ;)
Nzdusd did fire a bearish setup in the daily, closed under the mode on Friday (I'm short).
I guess nzdjpy will dive as well. Good one.
+1 Reply
moorekapital IvanLabrie
Your Comment Means A Lot To Me. Thank You Coach!
+1 Reply
Amazing!;)
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