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

Long

Dollar Néo-Zélandais / Yen Japonais (FX:NZDJPY)

Mis à jour

FX:NZDJPY Dollar Néo-Zélandais / Yen Japonais

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.

Commentaire:

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.

Commentaire:

Excellent upside burst! Next target 80.500

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