Short

NZDJPY Same Bearish Price Action to sell

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Hello traders:

Expecting the same development here on NZDJPY.
Very similar price action as NZDUSD that I posted earlier.

Same bearish momentum pushing the price down after a strong bearish impulse, and has now formed the bearish ascending channel reversal at the top.

We can see price isn't pushing higher, nor any bullish price action developed. Instead its more giving us a bearish continuation from the overall price.

Watch for more commitment of the bearish price and look for continuation on the lower time frame as a confirmation would be ideal to sell.

Thank you

Note

If price pushes highs and form
continuations, then it will void this
forecast and outlook

Note

exit for +3%
price hits the previous swing lows
but no further continuation as of now
exit first and will monitor to see further
downside will develop

Note

Out for +2.09%

jojofang0901

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