NZDJPY: Top-Down Analysis & Trading Plan ๐ณ๐ฟ๐ฏ๐ต
https://www.tradingview.com/x/PZgsMabR/
NZDJPY broke and closed above a key daily structure resistance yesterday.
The broken structure turned into support.
After a violation, the pair became overbought and we see a correctional movement at the moment.
The price is steadily falling within a bullish flag pattern.
Your bullish confirmation will be a breakout of the flag's resistance.
Let the candle close above that, that will indicate the strength of the buyers.
A bullish continuation will be anticipated at least to 90.9 level then.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
NZDJPY broke and closed above a key daily structure resistance yesterday.
The broken structure turned into support.
After a violation, the pair became overbought and we see a correctional movement at the moment.
The price is steadily falling within a bullish flag pattern.
Your bullish confirmation will be a breakout of the flag's resistance.
Let the candle close above that, that will indicate the strength of the buyers.
A bullish continuation will be anticipated at least to 90.9 level then.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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