Analysis of #NZDJPY
Hi traders, today we will have a look at #NZDJPY
looking at the NZDJPY chart you can see we have a wedge pattern after strong momentum to the upside as you can see the pattern completed at the Fibonacci 618 golden level which is also a key market level of 83.00
If the market comes and tests Fibonacci 618 again I will drop to the lower time frame and look for confirmation we are turning polish before entering a boy trade with a good reward to risk
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
Hi traders, today we will have a look at #NZDJPY
looking at the NZDJPY chart you can see we have a wedge pattern after strong momentum to the upside as you can see the pattern completed at the Fibonacci 618 golden level which is also a key market level of 83.00
If the market comes and tests Fibonacci 618 again I will drop to the lower time frame and look for confirmation we are turning polish before entering a boy trade with a good reward to risk
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
Trade closed: target reached
60 pips, move sl to be, enjoy Trade closed: target reached
hit BE
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.