NZDJPY-bias long
Updated
Bearish indications:
Bearish divergence in day mainframe
Moving average respected in day
Trend line support broken in day time frame.
Bullish indications:
4 hr support respected
Hammer candle from support
bullish divergence in 4 hr time frame.
Trend line resistance is about to break.
Double bottom formation in 1 hr time frame.
Resistance broken at 90.194
30 min moving average respected.
Trade plan bias long @ 90.564
SL:90.349
TP1:90.798
TP2:90.993
Bearish divergence in day mainframe
Moving average respected in day
Trend line support broken in day time frame.
Bullish indications:
4 hr support respected
Hammer candle from support
bullish divergence in 4 hr time frame.
Trend line resistance is about to break.
Double bottom formation in 1 hr time frame.
Resistance broken at 90.194
30 min moving average respected.
Trade plan bias long @ 90.564
SL:90.349
TP1:90.798
TP2:90.993
Trade closed: target reached
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