NZDJPY: Price Action & Trading Plan
NZDJPY is contracting on 68.2 4H structure support.
with a sequence of lower highs, selling volumes are accumulating for a breakout attempt.
wait for a 4H violation of the underlined support and then sell the market to catch a bearish continuation.
remember that the market can respect the support and bounce from that setting a new lower high.
for now, we can not assess how much time it will take for the market to break the structure.
once breakout happens, the next goal will be: 67.1
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