samkelopjb

NZDJPY - 4H Technical Analysis

Long
samkelopjb Updated   
OANDA:NZDJPY   New Zealand Dollar / Japanese Yen
Price made a huge inverse head and shoulders so we look for buys , a descending channel was also formed previously now price must reach the 90% rule for this pattern and confluence price broke strong resistance now I'll wait for clear confirmation when price retests our new new support to go long .. Price might retest the big Inverse Head and Shoulders neckLine before going for long positions

Comment:
Price finally hit the final target and even reached higher highs

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