Looks like a bullish wave pattern may have met resistance on NZDJPY around 78.1000.
A sustained breach of 78.1 would invalidate this position.
A sustained breach below trend support and 100% fib (top of red area) would confirm with confidence.
If the Sell Stop is hit, 38.2% fib (Yellow/Green barrier) will be the strongest hold up against the TP at 50% fib.
A sustained breach of 78.1 would invalidate this position.
A sustained breach below trend support and 100% fib (top of red area) would confirm with confidence.
If the Sell Stop is hit, 38.2% fib (Yellow/Green barrier) will be the strongest hold up against the TP at 50% fib.
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NZDJPY Sell Stop
QuileHills
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