NZDJPY NEW ANALYSIS!

nice video! what kind of price confirmation do you use to enter?

@Rocky560, Great! use price action confirmation (candles stick)

Thank you for sharing your analysis sir.

@slygan497, Thanks for your support!

Great analysis! My trading style is very similar to yours with Fib confluence to market structures. I would like to know one thing please. When we measure the fib from an impulse leg to find a possible retracement zone, would we only decide the direction of the trade based on current ongoing trend/market structure or do we react and change our bias as per how the market reacts around the 61.8 retrace zone? Let me clarify, let's say we measured a bullish impulse leg and marked up a possible 61.8 retracement zone but since that impulse leg is very near to major resistance zone, instead of bouncing off 61.8 zone, it breaks it and rather retests it as a resistance, so do we ignore our initial BUY bias trade setup or we adapt and change our bias to bearish trade as the price tested 61.8 zone as resistance not a support?

thanks in advance!