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AzaraFx

NZDJPY LONG

Long
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
AzaraFx  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Chart Patterns nzdjpylong nzdjpysignal swingtrading nzdjpybuy nzdjpybuylimit multitimeframeanalysis
4
0
trendanalysis chartpattern nzdjpylong nzdjpysignal swingtrading nzdjpybuy nzdjpybuylimit multitimeframeanalysis
I anticipate a formation of a triple bottom on the 4H chart and a double bottom formation on the daily chart.
Price has also reached the weekly support zone which has been tested before (blue zone). On the monthly chart the same zone has been a critical area of resistance, I anticipate this zone to be broken on the monthly chart to continue an upwards trajectory.

BUY LIMIT @ 68.321

SL: 67.778 (-54.3 pip risk)
TP1: 69.558
TP2 70.756
TP3: 71.624
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