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PlutusX

NZDJPY 1 hr Trend Analysis and Strategy with Harmonic BAT

Long
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
PlutusX  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Bat Trend Lines NZDJPY nzdjpylong nzdjpybuy nzdjpytrade nzdjpysetup mam
4
1
trendanalysis batpattern trendline nzdjpy nzdjpylong nzdjpybuy nzdjpytrade nzdjpysetup mam
This pair has recently bounced off a major daily support (red zone) and has started the 4th leg of the Harmonic Bat Pattern. We are predicting the Harmonic Bat Pattern will be completed and we are looking for price action to move towards the upside from this point. A trend line on the 1 hr chart has been breached giving our analysis and strategy validation. We are still targeting the green zone as shown on the previous analysis of the pair. NZDJPY
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