NZDJPY, 4hr tf, sell the hidden bearish divergence

٢٣ يونيو ٢٠٢١

We got another sell setup for JPY crosses which is NZDJPY.

As you can see price making a hidden bearish divergence and it occurs exactly at EMA-50. We might see price rotate lower from this point.

Sell NZDJPY 77.65
Stop loss 78.00
Take profit 75.80 (5.3R)

Use only 1-2% risk
Good luck