snapshot

NZDJPY is trading within a wide horizontal trading range on 4h/1h charts.

This night the price reached its support.

To catch a pullback from the underlined structure with a confirmation,
wait for a bullish breakout of a resistance line of a falling wedge pattern.

Then buy on a retest of the last lower high.

First goal - 77.35

In case of a bearish breakout of the yellow zone, the setup will be invalid.

Please, support this idea with like and comment!
Chart PatternsForexjpyNZDTechnical AnalysistradingTrend AnalysisWave Analysis

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/
Also on:

Related publications

Disclaimer