NZD/JPY DAILY - Beautiful RSI divergence favourable for LONG pos

4 sept. 2017

Stochastic still needs a little bit more upside evolution to give us signal for entry LONG position. Don't hurry. Go to lower timeframe to find proper signal like a pattern or something. The price is also sitting on the daily upside trendline and based on Andrew's pitchfork, the price should go to the median line in the end. It's a matter of time. Watch it guys. The daily RSI divergence is awesome.

6 sept. 2017

Note

This one takes time to change its trend to the upside, it's a daily chart.. Stochastic not in the position to give entry signal yet. RSI stays withi limit of 70. Keep watching it guys.

12 sept. 2017

Note

Excellent upside burst! Next target 80.500