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on DAILY: NZDJPY is approaching a resistance in blue so we will be looking for sell setups on lower timeframes.
on M30: NZDJPY is forming a trendline in red (not valid yet) so we will be waiting for a third swing to form around it to consider it valid and then sell on its break downward.
Moreover, this one is forming a head and shoulders pattern (still an idea) which adds more confluence to our setup.
Good Luck!
on DAILY: NZDJPY is approaching a resistance in blue so we will be looking for sell setups on lower timeframes.
on M30: NZDJPY is forming a trendline in red (not valid yet) so we will be waiting for a third swing to form around it to consider it valid and then sell on its break downward.
Moreover, this one is forming a head and shoulders pattern (still an idea) which adds more confluence to our setup.
Good Luck!
This analysis is done using RichTL
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Support Bright Ideas Through Decentralised Crowdfunding
ideaology.io
Buy CRGPT on Uniswap
cutt.ly/CRGPT