FX:NZDJPY   New Zealand Dollar / Japanese Yen
Hey Traders,
Looking to buy nzdjpy from 15m chart.
As you can see in the picture below, we have a high volume pop from the previous and buyers came in with just one push up.

After Making a Higher High, we are now in pullback phase to the overall bullish trend. The Pullback is coming in with low volume which shows the intentions of market makers they are still looking to buy this pair.
During the pullback phase, we have 2 legs to the down side and the 2nd leg is bigger than 1st one, so , I am expecting a 3rd push but with struggle to the down side.
Once we have a 3rd push and rejections from the breach line then I'll be taking a buy on this pair.

Disclaimer

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.