LONG POSITIONAL OPPORTUNITY IN NZD/JPY

Reasons-

1) Trading above 200 ema on daily & weekly.
2) Trading above ichimoku cloud on daily & weekly.
3) The above 2 points signifies that the market structure is bullish.
4) Trend being our friend, we only bet in direction of trend.
5) Entry above recent swing high that will make sure that tekan and kijun sen will be sloping upwards (price tends to face rejections from them)

Kindly trade at your own risk
Good Luck ✌️
Chart PatternsEURUSDForexGBPUSDNZDJPYpriceactionpurepriceactionSupply and DemandSupport and ResistanceUSDJPY

Disclaimer