UnknownUnicorn180388

NZD.JPY - B&R Long Opportunity

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Currency Pair: NZD.JPY
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Long

Live NZD.JPY updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Should my daily predicted direction be incorrect no trade opportunity will be generated.
Comment:
Ascending trendline breakout now confirmed, awaiting pullback to provide a potential long opportunity.
Comment:
Unfortunately a pullback didn't occur so no trade for me, if you are currently long i would expect some minor resistance looking at the Daily structure.
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.