nzdjpylongterm

NZDJPY bearish bat pattern

Buying to test the system, lets see how it turns out. going to post multiple of these to get a approximate accuracy on the system. to try the system pm me.

A sharp pole with a consolidation pattern. This resembles me more like a flag structure. If it breaks we it may create new highs.

We expect the price will move upwards in long term weekly technical analysis. Take Entry @ 82.50 Take Profit @ 88.30 Stop Loss @ 72.00

nzdjpy

ON THE DAILY CHART WE HAVE PRICE BREAKING OUT FROM THE SUPPORT TREND LINE. WAIT FOR PRICE TO RETRACE BACK TO 73.249 AND SELL FROM THERE. STOPS LOSS AT THE 75.871 LEVEL. FIRST PROFIT TARGET IS 72.216. SECOND PROFIT TARGET IS 67.980.

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