Interesting setup on the 4h chart for NZD/JPY with a potential breakout, as you can see price has been confined since late December... I'm expecting a break of this area as illustrated on the chart.
We may encounter a retracement to the trendline before making a move lower!
All-round excellent opportunity with a 1:2 or 1:3 risk to reward, safe trading everyone.
We may encounter a retracement to the trendline before making a move lower!
All-round excellent opportunity with a 1:2 or 1:3 risk to reward, safe trading everyone.
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