See the candles closed above 26 EMA. This could be a clear breakout and buying this pair at this moment can bring a profit. Trend indicators have already waved the signal that this pair can pullback to 74.725 level. In am in this trade.
Note : Though the gartley looks skewed in Nzdjpy, its according to My Rules ! Trade with care...
Seems a pullback to the trendline to re-test itself. If true (and price will not create new lows) it will be a good and safe entry point.
Possible bullish Renko Gartley. Long @ 72.30 (D) Stop Loss @ 71.30 (Beneath X) Target 1 @ 74.00 ( 50 Fib CD). 1.7 RR. Target 2 @ 75.50 (C). 3.2 RR.
Short this here 75.86 TP 73.73 SL 76.10 pending buy limit 73.73
FX:NZDJPY key support is being broken, price is way below both EMA's the trend line has also broken so price should jump up soon.
looking to see if this resistance is broken and then if there is a retest i'll look to be long towards 75.7 level