Potential Bearish Moves Amidst Bullish SignalsNZDJPY presents an intriguing trading setup despite being a counter-trend trade.
The observation of a Bearish Shark Pattern checkback on the Weekly Chart , along with RSI Divergence , adds weight to this potential trade opportunity.
I'm waiting for a shorting opportunity on lower timeframes and, specifically, looking for a 1-1 trading setup , intending to initiate a short position at 91.99 on the Daily Chart.
Trade plans can vary among traders based on their analysis and risk management approach.
What's your trade plan or strategy for NZDJPY?
Feel free to share your insights or plans below!
