NZDJPY - retest and buy!
**Daily:** Forming higher high and low. Breakout of the resistance structure as well. MACD tells uptrend with more momentum is being added.
**4H:** price moves higher and higher. Breakout the resistance as well. MACD shows little momentum before the breakout, which is a buildup of breakout, and potential is not a fake breakout.
**1h:** MACD shows sign of slowing down in the upside impulse. It just meet the 50EMA as a strong support as well.
**What to do now? When to buy?**
- Wait when the price comes down and retest at the previous resistance (also lines up of fib 38.2% of the impulse. Then, buy!
GOOD LUCK TO YOU!
**4H:** price moves higher and higher. Breakout the resistance as well. MACD shows little momentum before the breakout, which is a buildup of breakout, and potential is not a fake breakout.
**1h:** MACD shows sign of slowing down in the upside impulse. It just meet the 50EMA as a strong support as well.
**What to do now? When to buy?**
- Wait when the price comes down and retest at the previous resistance (also lines up of fib 38.2% of the impulse. Then, buy!
GOOD LUCK TO YOU!
כתב ויתור
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