NZDJPY: Bearish Outlook Explained 🇳🇿🇯🇵
I spotted one more example of my breakout trading strategy.
NZDJPY broke and closed below a key daily horizontal support.
Retesting the broken structure, the price formed a horizontal range
on an hourly time frame.
A breakout of a support of the range is a strong intraday bearish signal.
We can expect a down movement at least to 87.1 level now.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.