Awaiting price action to retest historic resistance/support level thus creating a reversal and influencing my short position. NZD/JPY is heavily overbought via weekly chart; evidentially, this has happened on the three pinnacles that failed to break . Given the three failures, it's safe to say that this is very respected. Planning on entering the trade once price breaks the flag, illustrated above. Look for confirmation to enter, I also advise you to facilitate this trade on a lower time frame for a better entry. Please execute with your own due diligence.