TheSignalyst

NZDJPY - Potential Bullish Reversal!

Alış
FX:NZDJPY   Yeni Zelanda Doları / Japon Yeni
Hello everyone, if you like the idea, do not forget to support with a like and follow.

NZDJPY is sitting around daily support so we will be looking for buy setups on lower timeframes.

on H1: NZDJPY formed a wedge pattern in red but it is not ready to go yet. before we buy, we want the bulls to prove control again.

Trigger => Waiting for a momentum candle close above the last high to buy. If the price forms a new high around the trendline, then we will update our trigger.

Meanwhile, until the buy is activated, NZDJPY would be overall bearish can still trade lower.
Good luck!

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~Rich

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