Sell Setup on NZDJPY
We have a simliar setup on NzdJpy that we did on NzdUsd. Price has recently broken the Weekly Significant Level and come back to retest it for the time being.
Now, all we need is a strong bearish candle closure off of the zone to signify the selling pressure at this area. This would identify downside potential for the future. Just waiting to see how the next couple of candles close before executing any sells.
Now, all we need is a strong bearish candle closure off of the zone to signify the selling pressure at this area. This would identify downside potential for the future. Just waiting to see how the next couple of candles close before executing any sells.
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