NZDJPY Sell (06/3/2019) 16:00

NZDJPY Sell (06/3/2019) 16:00

On March 6, 2019, Posted by , In Uncategorized, By , , With No Comments

NZDJPY.DMAH4-1.png NZDJPY.DMAWeekly-0.png

Sell NZDJPY at price 75.783 with a stop loss placed at 76.895 and a TP at 68.729. The price has broken an ascending trend line on H4 this is because it is reacting to the trend line on the weekly chart which in this case is acting as resistance, There is a clear sign of exhaustion on the H4 chart where the market clearly failed to create higher highs thus signaling a that momentum is dying out.>>>>16:00>>>06/03/2019

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