NZDJPY.. Long setup and how to enter it
We've trended to the upside for quite some time on this pair.
Price had a deep pull back to the 74.600 area of support. Now, this pair is setting up for buys.
I will wait for a breakout of the 15 min consolidation before taking any trades. Once price breaks out, I'll be waiting for a retest, continuation patterns, or candlestick confirmations.
I'll follow the bullish momentum to continue to the previous highs.
I'm looking to catch a 6% winner on this one.
Price had a deep pull back to the 74.600 area of support. Now, this pair is setting up for buys.
I will wait for a breakout of the 15 min consolidation before taking any trades. Once price breaks out, I'll be waiting for a retest, continuation patterns, or candlestick confirmations.
I'll follow the bullish momentum to continue to the previous highs.
I'm looking to catch a 6% winner on this one.