Potential Long NZDJPY after bullish flag, trendline break
NZDJPY has just broken out of a flag and trhu a longer TF bearish trendline.
There is also a case to be made for an inverted H&S
I am waiting for the retest of the trendline and neckline before entering a long position.
Main level that could throw a spanner in this trade is the 82.50 level which has been decent resistance in the past.
The chart shows in pinkish the inverted H&S and dark blue the flag pattern and longer TF trendline.
My targets for the long go @ the clone tip of the flagpole, and stops just under the right shoulder.
Do you own analyis before following this please,
I do appreciate your feedback, comments or thumbs up on this if you agree!
There is also a case to be made for an inverted H&S
I am waiting for the retest of the trendline and neckline before entering a long position.
Main level that could throw a spanner in this trade is the 82.50 level which has been decent resistance in the past.
The chart shows in pinkish the inverted H&S and dark blue the flag pattern and longer TF trendline.
My targets for the long go @ the clone tip of the flagpole, and stops just under the right shoulder.
Do you own analyis before following this please,
I do appreciate your feedback, comments or thumbs up on this if you agree!
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.