TradeYodha

#NZDJPY 1H Long Opportunity (Cypher, 20sma)

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
#NZDJPY 1H short Opportunity (Cypher)

1. 4H has potential Gartley and Cypher patterns
2. The price is leading reaching 50sma on 4H which can act as support. The zone there has minor structure too and 200sma is reaching there fast
3. This can push the price little upwards to give us a small term but good Long opportunity
4. 1H shows a Cypher forming in the same zone giving us a better confirmation.
5. 200sma is close to that zone where Cypher is completing in 1H zone

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