FX:NZDJPY
As seen on the chart on the 4hr time frame we can see former support turn to new resistance as price is retesting that area again and we could anticipate that price could continue to push back up and we could find our entries and continue to trade with the trend.
but if price breaks below 84.083 then we can say that price is now bearish
What do...
two bar reversal setup formed on 17th & 18th March daily bars. 77.60-78.00 supply zone area, if breaks then 78.60-90 high supply area. stop loss above previous high as 79.30, target 75.80 & 75.00.
