NZDJPY inside a megaphone range 🦐
On the daily chart the market is inside a megaphone since 2018 and recently just hit the upper trendline where it started the downtrend.
The price is now currently retracing and will probably hit the 0.382 at the resistance structure.
If the market will give us bear signal at the resistance we can look for a possible short according to our rules.
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Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
The price is now currently retracing and will probably hit the 0.382 at the resistance structure.
If the market will give us bear signal at the resistance we can look for a possible short according to our rules.
–––––
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
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.