NZDJPY.. Long setup and how to enter it
We've trended to the upside for quite some time on this pair.
Price had a deep pull back to the 74.600 area of support. Now, this pair is setting up for buys.
I will wait for a breakout of the 15 min consolidation before taking any trades. Once price breaks out, I'll be waiting for a retest, continuation patterns, or candlestick confirmations.
I'll follow the bullish momentum to continue to the previous highs.
I'm looking to catch a 6% winner on this one.
Price had a deep pull back to the 74.600 area of support. Now, this pair is setting up for buys.
I will wait for a breakout of the 15 min consolidation before taking any trades. Once price breaks out, I'll be waiting for a retest, continuation patterns, or candlestick confirmations.
I'll follow the bullish momentum to continue to the previous highs.
I'm looking to catch a 6% winner on this one.
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.