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Nzdjpyshort

BREAKOUT AT NZDJPY.Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the pair gave a breakout and has fallen from the price. However it did not do a retest yet, so it is possible that the pair will come up a bit and then start falling again. Let us know your views on this in the comment section. Thank you all. There is a good news for our followers. We will be doing analysis on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us. Ryan.R.Lopes
Short
by Ryan_lopes
2
NZDJPY AnalysisMost of my analyzes are based on chart patterns. Chart patterns for me have good accuracy. On this currency pair, based on the falling wedge pattern, the price may fall to 44, this target is conservative. Falling Wedge is one of Reversal Patterns. Of course all predictions / patterns can be missed. If you look at the current movement, bearish is so strong, brokeout volume also strong, the possibility to reach the target based on the existing pattern is not impossible. Note : I don't give buy and sell signals. All my posts are just ideas. If you want to apply, do your own analysis first, make sure it matches your analysis. If not, then just trash this idea. So that you won't disappointed and blame the other party when everything does not fit the analysis.
by daltray
1