NZDJPY presents an intriguing trading setup despite being a counter-trend trade.
The observation of a Bearish Shark Pattern checkback on the Weekly Chart , along with RSI Divergence , adds weight to this potential trade opportunity.
I'm waiting for a shorting opportunity on lower timeframes and, specifically, looking for a 1-1 trading setup , intending...
The weekly chart for EURUSD indicates that 1.0452 is the Last Support.
Before considering a buying opportunity, I will wait for the 1-1 pattern retest at 1.0440 on the 1-hour chart.