Short scenario for NZD/JPY Short

New Zealand Dollar/Japanese YenFXCM

Description

⋅ Dec 15, 2016 7:08 AM

The pair is trading a wedge-like formation and its range is narrowing which could signify a possible sharp move down to correct the prolonged move up.
In case the pair break up the wedge wait for a small corrective pattern and then take action.

Comment

⋅ Dec 15, 2016 4:59 PM

When the chart works

Comment

⋅ Dec 16, 2016 2:18 PM

Comment

⋅ Dec 19, 2016 5:53 AM

petrifying fall