NZDJPY Short opportunity

9 Des 2020

Here is another idea on NZDJPY where we predict a Sell opportunity which is clear on a 4hr timeframe. As you know on our previous idea we shared Buy opportunity ideas on this pair which we spotted on our small time frame(30min) chart, those idea still go according our analysis as we expected to continue to grow till they reach the target of 73.897. On our new idea we spotted sell opportunity on High timeframe chart(4hr) we think the price will start to fall around 73.994 which will be our entrance and set our SL(stop loss) at 74.300 and our Target at 71.584. please if you this idea go to take a look at it in your own chart and make your analysis and share your opinions about it. Also note that this is just an idea which may go as planned or opposite way sometimes.