There is an interesting set up on NZDJPY for a short.
A – The pair has broken out of a bullish wedge and hit the upper resistance.
B – The pair has more importantly “crossed the streams” on the SignalTrader Massive Indicator
C – With a big target of 313 pips my entry order is sitting at 83.015 for a short.
That’s what the STRobot robot thinks anyway.
This may sound MAD but if the currency streams cross there is a high chance we are changing to a bearish move.
Well our entry order never happened so we are staying out.
To get your hands on the robot:-