Short scenario for NZD/JPY
Updated
The pair is trading a wedge-like formation and its range is narrowing which could signify a possible sharp move down to correct the prolonged move up.
In case the pair break up the wedge wait for a small corrective pattern and then take action.
In case the pair break up the wedge wait for a small corrective pattern and then take action.
Comment
When the chart works
Comment
Comment
petrifying fall
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.