HermannHesse

NZDJPY-Posible-triangle-breakout-Bearish-opportunity

Short
HermannHesse Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
3
There is a big Triangle Pattern that is going to break down. Wait until it does.
Market is below trend line so all indicate a bearish opportunity.

1. Triangle pattern breakout
2. Trend line continuation
3. MACD 4C bearish ready to breakout


TP1 - .786 last trend move
TP2 - Lower boundary triangle (or let it grow)

SL - Avobe trend line and triangle pattern
Trade active:
Long
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