Trade Ideas Educator: NZDJPY Trendlines

On the daily chart, is a nice bearish engulfing after a magic candle(indecision candle) for a selling opportunity and it closes within the sell zone(pink box).

Although on the 4-hourly chart(left) the candle break and close below the trendline, it still rested above the sell zone box show insufficient weakness on the market.

Having this conflicting market signal, you can:
1) choose not to engage the trade
2) wait for further confirmation ie:
i) close and break below the sell zone then engage
ii) a retracement after a strong bearish engulfing the short
iii) a bearish harmonic pattern to engage for a shorting opportunity.

The choice is yours.