27-02-2024 _ Short Term Bullish Idea _ NZDJPY H1
1- Bullish Divergence on RSI and MACD.
2- Tripple Bottom
3- Followed by Convergence
(Break of LH with the formation of new HL)
This presents a typical case of Pullback followed by a move to the UP Side.
Entry zone ranges from 38.2% - 61.8% Fibo Retracement
SL Below Tripple bottom and Targets as shown on the chart.
2- Tripple Bottom
3- Followed by Convergence
(Break of LH with the formation of new HL)
This presents a typical case of Pullback followed by a move to the UP Side.
Entry zone ranges from 38.2% - 61.8% Fibo Retracement
SL Below Tripple bottom and Targets as shown on the chart.
Trade closed: stop reached