Nyzeeländsk dollar mot japansk yen W1 Live Forex Chart
NZDJPY,W1 Diagram av moneyflow21
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The overall long-term trend is still bearish. Awaiting another signal to re-enter new short positions.
Look for bearish divergences or strong sell signals closer to the top of the channel on the Daily and 4-Hour charts. Any breakouts above the channel could be a false move only to resume the downtrend.
I've improved my methodology, risk profile, trade management and mindset and overall view of the markets, so let's see where this takes us.
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After taking a two year hiatus and break from trading, I'm back!