NZDJPY bullish continuation 02 Mar 2023
I don't think I need to explain what I am saying, my H2 chart says it all.
Briefly, I see 2 impulsive bullish moves followed by a period of consolidation.
A breakout from the current equidistant channel should see the next bullish move.
Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content.
What do you think about this trade idea? Please comment and share your thoughts!!
Briefly, I see 2 impulsive bullish moves followed by a period of consolidation.
A breakout from the current equidistant channel should see the next bullish move.
Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content.
What do you think about this trade idea? Please comment and share your thoughts!!
Trade closed: stop reached:
The strong bullish move I expected did not happen, stopped out.