NZDJPY Opportunity arising!
Monthly:
- Bullish Channel
- Higher Lows and Higher Highs
- Above 50ema
- Morning Doji star formation off support and 50% fibonacci
Weekly:
- Above 200ema
- Below 50ema (ideally wait for close above and retest)
- Last week candle close Bullish Engulfing
Decision:
Await Daily bullish price action i.e Bullish Hammer retesting resistance as new support to trade to upside.
- Bullish Channel
- Higher Lows and Higher Highs
- Above 50ema
- Morning Doji star formation off support and 50% fibonacci
Weekly:
- Above 200ema
- Below 50ema (ideally wait for close above and retest)
- Last week candle close Bullish Engulfing
Decision:
Await Daily bullish price action i.e Bullish Hammer retesting resistance as new support to trade to upside.
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.
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.