NZDUSD has reached the supply area, has touched the pressure level, and the direction is probably reversed.
The MACD is diverging. Price is facing callback pressure.
Gartley form is formed.
MA200 in 4h and the 0.618 Fibo retracement give us a sl reference.
We can hold a short position in 1h time frame.
AB=CD pattern in EURUSD chart shows a short opportunity.
USDJPY has no Bottom form in chart.
so we open a short position in EURJPY
As what we can see from chart, the price has tested the demand area and get supported. The potential uptrend gives us a chance to have a high risk return.Our target is at the previous high. Pay attention to the short opportunity formed by the butterfly form and the supply area in front.
The current admission opportunity is at 0.618 position 121.78