NZDJPY: Very Risky Scenario After BOJ
Yesterday the price completed a bullish harmonic pattern after the BOJ rate decision.
BOJ's decision and comments were bullish but as it seems the bearish wave could be limited.
The move was almost priced in advance and we can see the price correcting again.
After the price is completed the harmonic pattern shows some support near 88.50
Probably the bulls are joining the market again after 1050 pips in only 20 days.
I am expecting a normal correction for the time being as it's shown on the chart.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Yesterday the price completed a bullish harmonic pattern after the BOJ rate decision.
BOJ's decision and comments were bullish but as it seems the bearish wave could be limited.
The move was almost priced in advance and we can see the price correcting again.
After the price is completed the harmonic pattern shows some support near 88.50
Probably the bulls are joining the market again after 1050 pips in only 20 days.
I am expecting a normal correction for the time being as it's shown on the chart.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade closed: target reached
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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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
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.