by Lautaro G, March 31, 2022
by Lautaro Giambartolomei March 31, 2022
NZD/JPY
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Short
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H4
H4
Technical Analysis
significant level + trendline + RSI diverging on monthly timeframe. Unlike AUDJPY, this pair presents a divergence on RSI on the monthly timeframe which gives me more confidence that it will reverse. Price action already bearish
Use your trading plan
I´m risking 1 percent divided in two trades
It is still a reversal trade but other NZD and AUD pairs are bearish so this one may continue to the downside as well
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