NZDJPY: H&SH sell opportunity
Atualizado
Price made a strong move up and now it is testing the daily trend line. Now we can a reversal pattern H&SH in a critical confluence zone. I am counting this move as the 3-rd wave on the bigger TF. If this move is the 3-rd wave up it should not correct and close below 75.53 price otherwise we can be in a corrective wave in overall and we can see bigger correction move to donwside. As long as daily trend line is not broken we can consider both possibilities.
First target for TP is 38.2%, 200 EMA and left structure support.
Good Luck.
First target for TP is 38.2%, 200 EMA and left structure support.
Good Luck.
Nota
Daily chartNota
On weekly chart we can see the price even to test the low again.Nota
Price broke out and closed outside neck line.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.