NZD.JPY - Simple But Effective Structure

Updated
Currency Pair: NZD.JPY
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Long

Live NZD.JPY updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Should my daily predicted direction be incorrect no trade opportunity will be generated.
Note
Textbook setup, however price failed to provide an entry.
Should you be long i expect price to test 81.330
Note
Trading Strategy Using The 50 EMA
Chart PatternsTechnical IndicatorsNZDJPYTrend Analysisukforexsignals

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