Nzdjpysignals
NZDJPY SELL ON DIPS !!HELLO FRIENDS
As i can see this pair is fail to break a strong resistance an trading inside channel
First TP is an easy target as soon as it will break the channel all other TP become valid
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NZDJPY Sell SignalPattern: Channel Up on 1D.
Signal: Sell as the Channel Up is on Lower Highs with the price near the 2 year Lower High trend-line and the RSI being rejected on its 2 year Resistance Zone.
Target: 64.000 (just above the Support).
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NZD/JPY possible bounce from ResistanceHi there Traders,
Let's take a look at NZD/JPY 4H chart. Price right now is headed to test the Resistance line of Descending Channel. It is too early to enter a trade right now, that's why we are going to be patient and what for clear signal that the price is rejected from Resistance. If we will see that price has bounced of the Resistance only then we will enter trade.
We will update this idea if it is going to confirm or not so make sure that you are following our channel.
Where do you think will the price go ?
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