NZDJPY - A potential continuation of bullish trend on the hourly time frame is indicated by a bullish flag pattern. No bearish divergence on the RSI also supports the idea that trend will continue. Trade can be taken at the current price with stop loss placed at the previous Higher Low, TP1 at 1:1 Risk Reward and TP2 can be set at the Bullish Flag projection.
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.