NZD/JPY: Double rejection, nice trade opportunity (40+ pips)

By SwissPips
Updated
Hey guys,

Interesting setup here: on the daily we have a nice bearish candle in a rejection zone.

I have added another pitchfork and it is likely that the pair will go south next week.

Check it out !

I am bearish on this pair, 1st target is 40+ pips, it is the median line in my chart, at around 80.00.

Cheers

Jesse

Any comment/like is highly appreciated.

Trade closed: target reached
Bearish PatternsChart PatternsjpyNZDNZDJPYSELLTrend Analysis

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