Hey tradomaniacs,
NZD/JPY has formed an S/H/S-Pattern and could break above the Neck-Zone very soon.
If we see a break above we see a confirmed trendchange with the previous break out of the Trendchannel.
I`m watching this pair carefully as JPY-Weeakness seems to continue.
Pre-conditions for long-trade would be overall a risk-on-sentiment in the stockmarket and so a weak US-DOLLAR.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
NZD/JPY has formed an S/H/S-Pattern and could break above the Neck-Zone very soon.
If we see a break above we see a confirmed trendchange with the previous break out of the Trendchannel.
I`m watching this pair carefully as JPY-Weeakness seems to continue.
Pre-conditions for long-trade would be overall a risk-on-sentiment in the stockmarket and so a weak US-DOLLAR.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)