Pin_Point_Signal_Service

NZDJPY moving inside ascending channel

Short
FX:NZDJPY   Dollaro neozelandese / Yen giapponese
7
Short opportunity.
Commento:
lower time frame.

Commento:
Daily view.

Commento:
Simple Zig-Zag completed. Short opportunity with tight SL.

Commento:
Price went up all day long. Now is testing the top with RSI showing overbought conditions also rising wedge formation indicates trend reversal. Short opportunity if we see down movement.

Commento:
Price broke resistance tred line which indicate more up move with long opportunities.

Commento:
If we use wave count we can see that price almost completed 5 wave impulse leg with ending diagonal at wave 5. Now we should see some retracement which would be a short opportunity. Possible little more extension to 61.8 and 161.8 extension before down move.

Commento:
Commento:
Possible start of retracement.

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