Wtch for the price action if the price hits th trendline and went up, you can see where are the targets in the chart
Buy after break up and trend confirmation There is a flag pattern which is bullish flag, wait for confirmation
Sell after breakout of trendline, the price is on downtrend as you can see ita in a channel which the price nearly rested the channel upper band and wait for breakout the yellow trend line ( correction) to continue downward
There is a possibility for head and shoulders pattern Focus on the support line 1.4805 if the price closed below it wait for a confirmation which should be a retest for the support line and look for sell. Its just an idea if you agree share with me your idea about the pair
* tested a resistance at 152.374 *tested a support zone at __________________ × break above resistence the price mayb go to first near target at 154.827. Breqk below support zone may take price first target at 145.101 Then it may goto test the HTF trendl8ne which is a key level for eaither a download trend reversal continuation or regaining the bullish...
NZDJPY- pair going short 1D testing resistance at 79.200 Creating an engulfing candle and close below it with red candle as confirmation. 4H chart breaking an uptred
Watch the HTF down trend if respected or breaking it ( breaking cause a move up ) retest and price action is confirmation also watch the LTF widget if respected or breaking it ( to confirm the continuation of down trend ) This is just my idea . Share with me if you agree
Xagusd trendline analysis