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Fahim-ahmed
Dec 15, 2021 5:55 AM
NZDJPY
Long
FX:NZDJPY
1D
New Zealand Dollar/Japanese Yen
FXCM
Description
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Dec 15, 2021 5:55 AM
The basic concept of the chart is Dow theory and it suggests that HH HL is in play based on that we can easily say that a long position should be taken and the first target is 83. Also, stop loss should be applied on the dark green line.
RSI also suggests a highly oversold position.
Chart Patterns
Trend Analysis
nzdjpylong
NZDJPY
nzdjpyanalysis
nzdjpyidea
nzdjpysetup
Comments
JustTradeSignals
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Dec 16, 2021 5:09 AM
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