NZDJPY > Bullish Wedge Pattern at Entry Point!!
Analysis of #NZDJPY
Hi traders, today we will have a look at #NZDJPY
looking at the NZDJPY chart you can see we have a wedge pattern after strong momentum to the upside as you can see the pattern completed at the Fibonacci 618 golden level which is also a key market level of 83.00
If the market comes and tests Fibonacci 618 again I will drop to the lower time frame and look for confirmation we are turning polish before entering a boy trade with a good reward to risk
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
Hi traders, today we will have a look at #NZDJPY
looking at the NZDJPY chart you can see we have a wedge pattern after strong momentum to the upside as you can see the pattern completed at the Fibonacci 618 golden level which is also a key market level of 83.00
If the market comes and tests Fibonacci 618 again I will drop to the lower time frame and look for confirmation we are turning polish before entering a boy trade with a good reward to risk
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
Trade closed: target reached:
60 pips, move sl to be, enjoy
Trade closed: target reached:
hit BE
