Soon Strong Uptrend about to Reverse for NZDJPY

2019-12-10 23:41:10

Strong uptrend is being followed by the price action. With the Trend Reversal zone of Bearish Bat, Overbought on RSI and declining value of ADX. Downtrend is the most likely scenario that will be happening. Better to Short Sell from the end of the Reversal Zone defined in the chart. Price action will take some time to Retrace inside the Reversal zone.