NZDJPY: Trend Following Setup Explained 🇳🇿🇯🇵

425
https://www.tradingview.com/x/itq7PXoo/

NZDJPY is trading in a long term bullish trend.
The price broke and closed above a key daily resistance this week.

After a breakout, the price started a correctional movement within a bullish flag pattern on 4h time frame. Retesting the broken structure, the price bounced and violated the resistance of the flag.

It will most likely trigger a trend-following movement.

I expect a growth to 89.65

❤️Please, support my work with like, thank you!❤️

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.