dec-98

NZD/JPY Sell

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OANDA:NZDJPY   紐元 / 日圓
Price has been in a clear bullish run for some time. On the HTF we can see price reach an area of large resistance - therefore we have been watching for a shift of momentum and the bears to try and take control since we know that they have been historically active in this area. On the 15 Min chart, we can see numerous rejections of the area and a double top formed with bearish candles following it.
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