NZドル/円
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Taking short on the NZD/JPY

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  • As you can see price has rejected the monthly time frame and is on a descrying channel towards the downside.

  • If we go onto the 4 hourly we can see that this rejection is a head and shoulder pattern forming.

  • So we trade once its crossed the neckline and we see a bearish engulfing candle.


Quite new to trading so feel free to comment
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*bearish englufing candle

any comments will be appreciated
Chart PatternsTechnical IndicatorsTrend Analysis

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