NZDJPY broke and closed below the psychological level of 87.000.
Price pulled back to psychological level and 61.8% fibo retracement following bearish move.
If the price action breaks out of the trendline, we can look for selling opportunities.
Price action is likely to go further down to complete the AB=CD pattern if the market moves down.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Price pulled back to psychological level and 61.8% fibo retracement following bearish move.
If the price action breaks out of the trendline, we can look for selling opportunities.
Price action is likely to go further down to complete the AB=CD pattern if the market moves down.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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