NZDJPY reached a major daily resistance level yesterday.
today the price is quite weak and we see minor fluctuations within a narrow trading range.
on a 4H chart the price has formed a double top pattern.
71.6 is its minor support.
I want to see 4H violation of that to initiate short trade.
goals:
71.0
70.55
in case of a new higher higher higher close on 4h, setup will be invalid and bias will switch to bullish.
Order cancelled
new hh hc
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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.