Hi traders,
On this NZDJPY we have a potential AB=CD pattern completing, combined with some fibs. We also have a potential head and shoulder pattern forming at this point. We also see that the right shoulder took a lot longer to form, compared to the left shoulder and the head. In other words: we made a new lower low.
Entry: 82.818
Stop: 83.154
Target: 82.092 = R:RR 2.16
Good luck traders!
On this NZDJPY we have a potential AB=CD pattern completing, combined with some fibs. We also have a potential head and shoulder pattern forming at this point. We also see that the right shoulder took a lot longer to form, compared to the left shoulder and the head. In other words: we made a new lower low.
Entry: 82.818
Stop: 83.154
Target: 82.092 = R:RR 2.16
Good luck traders!
Order cancelled
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.
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.