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alex.a
Jan 17, 2015 1:29 PM

NZDJPY, will it do breakout or retrace and then breakout?  

New Zealand Dollar/Japanese YenFXCM

Description

NZDJPY, will it do breakout or retrace and then breakout?
Comments
alex.a
nmike
monthly candle not complete , if current candle completes as is then most likely down ,also we have negative divergence
jangseohee
Hi Mike nice analysis,
i give allowance for spike without using average, so i believe even if NZ Central Bank does the same stunt like SNB, it will hurt but wont kill me,
tradingview.com/v/12bdHRAV/
nmike
Hello!....nice!
jangseohee
Really? Haha, thanks
many Prof deem this boring
simplicity, channel or chart pattern is the backbone of my trading style, winning probability is 70% if i got the channel correctly
of course i got to look towards left to check where is the all time high
which is why for instance like this my blue indicated short region cater above for the spike
jangseohee
do u expect price to even go higher than 97.8 the previous spike high?
alex.a
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