NZDJPY Possible top
Base on daily structure, it is possible for this pair to make a downtrend.
However, I need to further checking at the LTF to see the detail structure.
However, I need to further checking at the LTF to see the detail structure.
Note
Yes, on monthly chart, I can see the pair moves in triangle.
The price is at the resistance line.
It's the right time to take trade as the risk reward ratio is very good.
Trade active
Its become more clear at 4H chart. I can take trade with SL in mind.
Trade closed: stop reached
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.
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.