NZDJPY: Potential Structure Trade Explained 🇳🇿🇯🇵
NZDJPY is growing sharply during the last two weeks.
This morning a 78.0 level was reached.
Being a strong daily structure resistance I am looking for shorting opportunities from there.
The pair is currently growing within a rising parallel channel.
Being within the market remains bullish.
We need its bearish breakout (4H candle close below its support) to confirm a reversal.
Goals will be 76.8/76.3
In case of a bullish breakout of a yellow zone,
the setup will be invalid.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
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Publications connexes
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.