Reason for Buying NZD/JPY:
Market forms a Double Top pattern on the Daily Chart and starts to move down.
After forming Double top pattern, NZD/JPY went down around +800 pips (+8000 points).
In H4 Chart, market Breakout the downtrend line and starts to move up.
Our Analyst team wait for the market to Re-test the Breakout level for 2nd time before moving up again.
As per our analysis, market retested the breakout level and then starts to move up.
This gives the confirmation for Buy signal in NZD/JPY.
Finally market reached our Profit Target Successfully.
Don’t Trade forex market all the time, trade forex only at good opportunities available in the market.
If you like to receive the best forex signals at good trade setup, you can Try free forex signals. (or) if you need additional important trade signals with high accuracy, Join now in Supreme or Premium forex signals plan.
If you want to learn trading from 20+ years expert traders, Join forex trading course online now.
Thank you.
Pingback:+846 Points Profit Reached Successfully in NZD/JPY Buy Signal