NZDJPY LONG POSITION
Updated
OKAY FOLKS THIS ANALYSIS IS BASED ONLY ON TREND, WHICH IS THE UPWARD CHANNEL CONTINUATION PROBABILITY. IF WE GET A BULLISH PINBAR OR ALSO KNOWN AS A HAMMER ON THE SUPPORT ZONE THEN WE CAN CONFIDENT-ALLY GO LONG AND MAKE A LOT OF PROFITS. I WOULD RECOMMEND ONLY LOOKING FOR A BULLISH SIGNAL ON HIGHER TIMEFRAMES SUCH AS H1 H4 AND THE DAILY. ANYTHING LOWER THAN THAT CAN GIVE FALSE SIGNALS, HOWEVER CAN BE GOOD FOR SCALPING.
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