NZDJPY has been in a bullish trend in an ascending channel. The market completed the AB=CD pattern.
It might be time for retracement. Usually, the price makes a 1/3 pullback following the completion of the AB=CD pattern.
We expect a sharp move down to retest the support 38.2% fibo level.
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It might be time for retracement. Usually, the price makes a 1/3 pullback following the completion of the AB=CD pattern.
We expect a sharp move down to retest the support 38.2% fibo level.
---------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.