I think my previous bearish analysis was incorrect on the NZDJPY (its attached as the related bearish idea). The bullish pattern completed with hidden bullish in the right wing which indicates the trend is likely to continue higher. My target area is between the 1.27-161.8 Fib levels based off the larger bullish pattern in play. The larger bullish pattern has the 76 B level retracement. If price reaches the stop level then it invalidates the bullish patterns that I believe are in play here and my first bearish idea was in fact correct. I believe the bullish patterns will hold in this situation.
