NZDJPY-bias short
Bearish indications:
Major resistance area is being respected as there were multiple bearish candles -bearish engulfer , bearish piercing.
Ascending channel is broken.
Bullish indications:
HHHL is still intact.
support is not broken yet at the level 89.100
Trade plan bias short @ 89.275
SL:89.530
TP1:89.020
TP2:88.794.
Major resistance area is being respected as there were multiple bearish candles -bearish engulfer , bearish piercing.
Ascending channel is broken.
Bullish indications:
HHHL is still intact.
support is not broken yet at the level 89.100
Trade plan bias short @ 89.275
SL:89.530
TP1:89.020
TP2:88.794.
Note
TP1 HIT
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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.