15 min NZDJPY
15 min NZDJPY
Current bias is bearish after bullish pullbacks on the 4HR resistance zone.
Price has been creating new LHs with bullish/pullbacks on the 4 HR resistance zone.
With the wick rejection from a few hours ago, price has not broken out of the resistance or higher than the 0.618 fib level.
I’d like to see if price continues to be bullish until it gets stopped at 0.50 fib level or at its neckline or just below 1 HR resistance zone before continuing bearish.
Current bias is bearish after bullish pullbacks on the 4HR resistance zone.
Price has been creating new LHs with bullish/pullbacks on the 4 HR resistance zone.
With the wick rejection from a few hours ago, price has not broken out of the resistance or higher than the 0.618 fib level.
I’d like to see if price continues to be bullish until it gets stopped at 0.50 fib level or at its neckline or just below 1 HR resistance zone before continuing bearish.
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