Technical Analysis Chart Update
NZD / JPY ( New Zealand Dollar / Japanese Yen )
Time Frame - H4
According to the Pattern in Long Time Frame #LTF we have BEARISH CHANNEL and its Rejecting from the Upper Trend Line #UTL
We have TRIPLE TOP as Well
We have Strong Selling Divergence in #LTF
In Short Time Frame #STF we have -
IMPULSE CORRECTION - it has completed the " B " now following sell for " C " corrective wave
DOUBLE TOP - If it rejects from the Current Strong Previous Resistance Level then it can follow this Pattern
NZD / JPY ( New Zealand Dollar / Japanese Yen )
Time Frame - H4
According to the Pattern in Long Time Frame #LTF we have BEARISH CHANNEL and its Rejecting from the Upper Trend Line #UTL
We have TRIPLE TOP as Well
We have Strong Selling Divergence in #LTF
In Short Time Frame #STF we have -
IMPULSE CORRECTION - it has completed the " B " now following sell for " C " corrective wave
DOUBLE TOP - If it rejects from the Current Strong Previous Resistance Level then it can follow this Pattern