NZDJPY Bullish Opportunity

We are immediately going bullish for this pair for the following few reasons.

• Bearish Daily Trend has just finished when a healthy bullish Daily Candle break and closed above 72.35
  

• After breaking the daily level at 72.35 it closed above and then retraced at previous week low.
  

• A Bullish wedge had been created which mentioned with the trend lines starting from 27th May 2019 (Upper Trendline) and from 21st June 2019 (Lower Trendline
  

If it hit our SL and crossed 71.71 weekly low then It will have a reversed opportunity to go short It is mentioned in another Post.

Signal
Entry @ 71.95
SL 71.65
TP 72.60

Trade active

Trade closed: stop reached:

Lost -2.4% of equity