BREAKOUT AT NZDJPY.Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see that the pair gave a breakout and has fallen from the price. However it did not do a retest yet, so it is possible that the pair will come up a bit and then start falling again.
Let us know your views on this in the comment section. Thank you all.
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Ryan.R.Lopes
Nzdjpychartanalysis
BUY AFTER BREAKOUT IN NZDJPY IN H4 (with TP and SL)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