Nyzeeländsk dollar mot japansk yen H1 Live Forex Chart
NZDJPY,H1 Diagram av princesajir
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princesajir
May 09, 2023 at 06:02
NZDJPY
D1, the trend is bearish, but there is a possibility of a brief decline. So, need to find the right entry point in combination with a smaller cycle.
H1, the trend is bearish, but the structure of an M-top has been formed in this cycle, and will continue to fall if the price breaks the neckline.
So, I would enter lightly at the current position and exit and reverse short if the neckline is broken.
D1, the trend is bearish, but there is a possibility of a brief decline. So, need to find the right entry point in combination with a smaller cycle.
H1, the trend is bearish, but the structure of an M-top has been formed in this cycle, and will continue to fall if the price breaks the neckline.
So, I would enter lightly at the current position and exit and reverse short if the neckline is broken.
