HayatoDragonFX

NZDJPY, daily timeframe, Double Top and SHS pattern in play

Short
FX:NZDJPY   Dollaro neozelandese / Yen giapponese
Hello my friend,

I noticed some good setup in NZDJPY as price making a potential double top pattern on the daily timeframe.

Taking a deeper look into 4hr timeframe we could see another bearish pattern which is favorable to trade. It is a shs or shoulders head pattern.
I am going to sell NZDJPY as there is 2 bearish patterns in play for this pair.
Also keep in mind there will be NZD datas coming soon in less than 12 hours.

Sell NZDJPY 70.00
Stop loss 70.65
Take profit 1 @69.10
Take profit 2 @68.20

I am selling NZDJPY from 70.00
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.