NZDJPY: A LEG DOWN PRECEDES 7 WEEKS AT ONE PRICE
MODE IS NOT DONE BUILDING..........
Price May Pullback Prior To The Ultimate Fall. Alternatively, We May See Immediate Continuation For The Second Leg Down,If Supply Proves Very Strong.
Whichever Way, I Stand Ready To Short This Thing.
Target For Trade Would Be Decided By The Signal, But I See Ultimate Target @ 71.7500
I See Base Of Channel, 76-74 Zone Proving A Bit OF Hindrance , But The Ultimate Target Would Be Hit.
I Would Update When The Signal Is Here
Just Anticipating ;)
Price May Pullback Prior To The Ultimate Fall. Alternatively, We May See Immediate Continuation For The Second Leg Down,If Supply Proves Very Strong.
Whichever Way, I Stand Ready To Short This Thing.
Target For Trade Would Be Decided By The Signal, But I See Ultimate Target @ 71.7500
I See Base Of Channel, 76-74 Zone Proving A Bit OF Hindrance , But The Ultimate Target Would Be Hit.
I Would Update When The Signal Is Here
Just Anticipating ;)
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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.