NZDJPY made a bearish print off the famous 3 tap trend line and presently exhibits bearish behavior, especially with a break of ascending trend line we saw leading prior.
A short retest for liquidity (can use fibo on lower timeframe) provides a sweet RR for a bearish move down.
A short retest for liquidity (can use fibo on lower timeframe) provides a sweet RR for a bearish move down.
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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.