Hello guys, lets take a little peek at NZDJPY pair and see what the market is doing, smiles...
Price just broke from an uptrend into a downtrend. As you can see, after the breakout of the uptrend, there was a retest of the uptrend. Now, price is currently forming a downtrend channel, buts intercepted by a support Zone. So, we will wait for price to reverse when it hits the upper trend of our downtrend channel
Price just broke from an uptrend into a downtrend. As you can see, after the breakout of the uptrend, there was a retest of the uptrend. Now, price is currently forming a downtrend channel, buts intercepted by a support Zone. So, we will wait for price to reverse when it hits the upper trend of our downtrend channel