Price has reached the duplicated channel top & resistance area and has formed a heinous 'Shooting Star' pattern up there. I expect downward pressure for a few weeks. Good luck, Ali Sharif Azadeh, CFTe
FX:NZDJPY Safe Trades;
Good luck!
Double Top Completion on #M15 Entry: 82.93 SL: 83.21 (-27) TP1: 82.66 (+27) TP2: 82.44 (+48)
Hi guys! NZDJPY is reaching a key area, and it's time to look for short here. We have many reasons for that, as: divergence and overbought RSI, fib levels confluence and supply zone. All as shown in the chart. Like if you agree, support and follow please!
We can see that NZD/JPY did big movement and made a new high and broke the last triangle pattern this up trend movement should see a long or medium correction before continue the way for 90.00 NZD/JPY
A BEARISH SHARK pattern has formed, showing a possible DOWNTREND for NZDJPY
Short after retracing from the 2nd leg of the double top Entry: 80.79 SL: 81.261 (-47) TP1: 79.76 (+102) TP2: 79.35 (+143)
Short on NZDJPY #H1 based on Double Top For confirmation, I will wait for the a bearish candle to close below the open of the previous one. Safely, I will place my order as below: Entry: Sell Stop @81.05 SL: 81.55 (-50) TP1: 80.41 (+64) TP2: 79.88 (+117) Good Luck and Trade Safely
Potential bearish move coming on FX:NZDJPY
NZDJPY Short Daily Butterfly Targets in the charts
FX:NZDJPY Safe Trades;
daily resistance touched with bearish momentum, weekly r/s should be touched.. price should retrace itself.