JarneW

Possible NZDJPY Long opportunity

Panjang
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OANDA:NZDJPY   Dolar New Zealand / Yen Jepun
WEEKLY:
 
-       Bullish
-       Bullish engulfing candle close
-       Fib golden zone got tapped
-       Broke through clean s/r level


DAILY:
 
-       Bullish
-       Broke s/r level
-       Pattern (inverse h&s) within
pattern (bullish M)
-       Fib golden zone aligning with s/r level
-       Possible clean 3th touch on trendline
-       EMA also aligning with aoi


4H:
 
-       Bearish when in aoi -> weekly and daily bullish so no problem
-       Clean s/r zone on the 4H
Komen:
Price already pushed to the upside without reaching my AOI, not interested in this setup anymore.
Komen:
Price did what we expected it to do. I did not take an entry because I wasn't sharp in the markets that week. Hope some entered and got their profits.
Penafian

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