NZDJPY H4, wait for reversal pattern to form.
The chart above illustrates what could potentially take place on NZDJPY over the next few days or weeks. To the left we see the most recent reversal pattern which formed at the Daily support and resistance zone. Wait for a similar pattern to form before entering a sell. Once price does not break above this zone and we get a reversal pattern I would confidently take a bearish trade using proper risk management.
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