NZDJPY

Now our analysis went as predicted short position...
From our previous analysis we noted that after an evening star there should be an immediate/continuous drop in price of any commodity..
We also noted that the proce was testing the resistance of a triangle pattern for the third time

This chart is to show you another support formed on the 1hr timeframe which is a strong timeframe
Therefore we may need to take profit or to move Stop loss to entry and hope for a breakout of the resistance on the 1hr timeframe

Good luck



Remember to like, comment and follow me for more