SHORT trade analysis on NZDJPY.
Graph is looking bearish if price breaks lower trendline. Price created Bullish Correction just enough to reach recent Higher Low and is prepared for another fall. I predicted 2 possible TPs - 1 TP is open due 4h chart is very bearish, so i expect huge price dump which will break lower support structure. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
Graph is looking bearish if price breaks lower trendline. Price created Bullish Correction just enough to reach recent Higher Low and is prepared for another fall. I predicted 2 possible TPs - 1 TP is open due 4h chart is very bearish, so i expect huge price dump which will break lower support structure. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
