I AM EXPECTING THIS REVERSAL INTO THIS
RESERSAL RANGE BUFOR WE CONTINUE OUR
UPTREND. FOR ALL THAT ARE FOLLOWING I
AM SURE YOU WOULD HAVE SEE HOW GOOD
THIS HAS GONE.
SEE PREVIOUS ANALYSIS BELOW
LIKE, FOLLOW AND COMMENT
Time Frame: 4 Hour
Strategy: Head and Shoulders Bottom (Reversal)
Please note I am only providing my own trading information for your benefit and insight into my trading techniques,
you should do your own due diligence and not take this information as a trade signal.
NZD/JPY is making new lows and has currently broken the 200 EMA on the 4H chart.
We have 2 reversed hammer one by the side of the other meaning there is strong weakness.
For the next breakdown to begin right away, prices would have to not break the 200 EMA on the 4H chart (Which is the last high of the 2 reversed hammer candlesticks).
If it does break the 200...