We hit that yellow zone for a 3rd touch. My issue with this setup is that we rejected the neckline of a reverse H&S . Look at the Daily chart I will show. Trade this pair with a smaller lot size and take profit after 20-30 pips with SL at BE. Be careful
Note
I wrote NZDJPY but its NZDUSD.... My badNote
If we get a clear break of the neckline and a retest we could take a long, I will post a new chartOrder cancelled
We broke the neckline and will wait for a good pullback to it to get into itNote
Oh well, hopefully some of you guys took it.... Went straight to the zone and it is now in profit. Sadly, I am not in itDisclaimer
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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.