chgotom

Bear is coming!

Short
chgotom Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
My Trend Analysis is based on a 4-Hour Fibonacci, we have seen nice moves between the fib lines so far.

My prediction is a slightly bullish move up to the 0.618 line with the drop down to 0.328, reverse up to 0.50 and then bearish continuation below 0.50.

If you like the idea please follow me at

www.tradingview.com/u/chgotom/

Thank You!

Tom
Comment:
Exactly what I said...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.