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5-0 Pattern

NZDJPY Bullish 5-0 PatternNZDJPY tested the bottom set on the 3rd of January 2019 at 70.71. Now, it seens to be creating a Bullish 5-0 Pattern or Bullish 50% reversal, however, as I like to trade between Proyected Reversal Zones (PRZ). I have added the 0.618 retracement. Potential Targets T1 -(72.78) 100% extention of the move assuming that the bottom has been establish, otherwise, requiere re-calculate. T2 -(73.64) 161.8% ext and 50% retracement, price broke this support and never looked back, I am sure that bear are waiting for this retracement. T3 - (74.61) 61.8% retracement.
Long
by boscacci