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New Zealand Dollar / Japanese Yen
Long
May 27, 2018
LONG NZDJPY
3
Grab this chart
Grab this chart
Pros
Divergences on h4 and daily timeframe.
The price is at a resistance level.
The price is at a weekly uptrend.
Cons
The HCH it's not complete.
Strong bearish wave.
Strategy
Buy a half at market price and the other half searching for patterns, like double bottom or HCH'.
The profit are the last high, but respecting the downtrend.
pecpec
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LONG
NZDJPY
support
Support and Resistance
Trend Analysis
pecpec
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