NZDJPY is currently on a triangle pattern, here we have confirmations like
1. The evening star which is the three red candle patterns that indicates that a new trend has formed now looking at the triangle pattern it shows that we about going downwards
2. Again is the resistance of the triangle pattern which helps us to confirm that the market can be sold from here
3. 4hr timeframe as a good time to take trades
Therefore we short the market
NZDJPY Short
Trade Setup
Short Now/Sell Now@77.284
TP1@76.845
TP2@76.274
SL@77.638
With Good money management strategy
1. The evening star which is the three red candle patterns that indicates that a new trend has formed now looking at the triangle pattern it shows that we about going downwards
2. Again is the resistance of the triangle pattern which helps us to confirm that the market can be sold from here
3. 4hr timeframe as a good time to take trades
Therefore we short the market
NZDJPY Short
Trade Setup
Short Now/Sell Now@77.284
TP1@76.845
TP2@76.274
SL@77.638
With Good money management strategy
