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jojofang0901
Oct 1, 2020 6:21 AM

NZDJPY Watch for bullish price action for the buy Long

NZD/JPYOANDA

Description


Hello traders:

NZDJPY has reached the previous lows and found a bottom.

I have been paying close attention to see what price will do at this general area.

From the HTF we know it can likely turn into a bullish price action structure now.

Latest price action show us that price failed to continue the bearish move , and a reversal bullish price action has begun on the LTF.

Since price has already been pushed up, I would wait for a correction to develop and look to get in the buy to the recent tops.

Thank you

Comment

Comments
Sadovoy_Trade
great chart!
InkyGrip
Looks good to me! Perfect analysis!
jojofang0901
@plancton0618, than you sir
CriptoJoe
Yep, thanks for that analysis, the correction will coincide with a trendline coming from 2015 and may break as it already did before.
jojofang0901
@johanam31415, Lets wait and see how the market develops :)
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