NZD/JPY Made Clear Reversal Pattern,Long Setup To Get 100 Pips !
Here is my 4H Chart On NZD/JPY , The price creating a very clear reversal pattern ( Inverted Head & Shoulders pattern ) and the price made a very good bullish price action now but the price still below my neckline. so we can enter a buy trade if we have a 4H Candle Closure above my neckline to confirm the pattern , and we can targeting from 50 to 100 pips with a decent stop loss , if we have not a 4H Closure above neckline this idea will not be valid anymore.
Reasons To Enter :
1- Perfect Touch For The Area .
2- Clear Bullish Price Action .
3- Bigger T.F Giving Good Bullish P.A .
4- Clear Reversal Pattern .
Reasons To Enter :
1- Perfect Touch For The Area .
2- Clear Bullish Price Action .
3- Bigger T.F Giving Good Bullish P.A .
4- Clear Reversal Pattern .
Nota
The Price Closed Above My Neckline And Retest It And Moved +60 Pips !Trade chiuso: obiettivo raggiunto
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