NZDJPY after making a swing high of 82.517, is trading in a bull flag/pennant pattern.
If 79.400 area is broken it will fall more sharply.
Two plans to look into;
Plan 1
Buy at 79.400 - 79.300
SL: 79.200
TP: 80.170
Plan 2
Sell at: 79.200
SL: 79.450
TP: 78.380
If 79.400 area is broken it will fall more sharply.
Two plans to look into;
Plan 1
Buy at 79.400 - 79.300
SL: 79.200
TP: 80.170
Plan 2
Sell at: 79.200
SL: 79.450
TP: 78.380
Trade closed: target reached
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.