Will be patiently waiting for a retracement to the upside to complete the heads and shoulders pattern before looking for bearish formations and patters to the downside...
NZDJPY
Hello Traders, here is a full analysis on this pair, broken 4hr trendline and retest, I would expect a fall and inflow of sellers come into this pair...
PRICE RETRACED BACK TO A 61% FIB LEVEL @112.411 PRICE LEVEL AND PRICE BREAKS A LOWER TIME FRAME TREND LINE I WOULD BE EXPECTING SELLERS TO COME IN AT THUS REGION TO PUSH THE PAIR TO 110.600 PRICE LEVEL
