NZDJPY: Classic Bullish Reversal 🇳🇿🇯🇵 Long

NZD/JPYOANDA

Description

⋅ May 13, 2022 5:38 AM

Hey traders,

After a strong bearish rally, it looks like NZDJPY is reversing:
the price formed a double bottom formation and then broke a resistance line of a falling parallel channel.

I believe that the pair can go higher now.

Goals:
81.25
82.7

❤️If you have any questions, please, ask me in the comment section.
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Comments

VasilyTrader

⋅ May 13, 2022 5:38 AM

Are you bullish on NZDJPY?

darasimiadeoye8

⋅ May 13, 2022 6:06 AM

@VasilyTrader Yh....

VasilyTrader

⋅ May 13, 2022 7:35 AM

@darasimiadeoye8, good buddy!

help_me_trade

⋅ May 13, 2022 8:42 AM

i was waiting for it to hit 80.174 but it didn't. should I wait to buy now

help_me_trade

⋅ May 13, 2022 8:44 AM

80.146 instead.

help_me_trade

⋅ May 13, 2022 8:44 AM

@VasilyTrader

help_me_trade

⋅ May 13, 2022 8:45 AM

@VasilyTrader i was waiting for it to hit 80.146 but it didn't. should I wait or buy now?

VasilyTrader

⋅ May 13, 2022 12:18 PM

@help_me_trade, Then wait more and be patient!