Trading2ez

NZD/JPY with a nice long-opportunity!

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Hey tradomanicas,

looking at NZD/JPY I see a great long-chance as price just broke out of its previous correction.

After multiple tests of the accumulation-zone with previous high momentum it looks like price is ready to move up very soon.

Stop-Loss-Fishings indicate that retailers were long and already taken out, which is another strong evidence for a long-scenario here as big players are grabbing liquidity.

Technically we see a breakout which could attract more buyers to hop in!


LEAVE A LIKE AND A COMMENT - I appreciate every support! =)


Peace and good trades
Irasor

Wanna see more? Don`t forget to follow me
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.