Hello friends, here is our analysis on NZDJPY. As we can see that the pair broke from the trade line resistance, retested it and then started going up again. As per our analysis the pair will go till its resistance level. The black line indicates the possible move. Even if we consider the trendline resistance and trendline support it pair broke out from that.
One can take a buy signal
TP=66.544 SL=63.128
Views welcome. Like and follow for more such trades.Thanks.
Ryan.R.Lopes
One can take a buy signal
TP=66.544 SL=63.128
Views welcome. Like and follow for more such trades.Thanks.
Ryan.R.Lopes
Note
One can book half profit and let the remaining trade run
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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.
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.