ProjectSyndicate

nzdjpy 8h buy fractal tp bulls 86.00

Long
ProjectSyndicate Aggiornato   
OANDA:NZDJPY   Dollaro neozelandese / Yen giapponese
🔸Hello guys, let's review the 8 hour chart for NZDJPY today. Trading in well defined range
since start of the 2023, currently re-accumulation in progress, expect more gains.

🔸The prior price fractal printed in summer 2022 is defined by points a/b/c/d/e/f, this
is a price structure 90% identical to the current price fractal in progress on 8 hour chart.

🔸Recommended strategy for NZDJPY bulls. Recommend to market buy NZDJPY, bulls will
target re-test of 86.00 based on previous price fractal. TP1 is +150 pips TP2 +300 pips.

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Commento:
risk/reward is still in bulls favor. too many short sellers.

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