NZDJPY W4 NOV 2020

Actualizado
NZDJPY
Long Setup

A clear bullish impulse wave. According to EW Theory, wave 4 is usually a corrective triangle formation. Hence, a 5th wave is anticipated soon as price has already broken out of the triangle to the upside.
Some analysis state that it is a forming a Head and Shoulder pattern, this setup will only be valid once price breaks the neckline of this structure.
Operación activa
Operación cerrada manualmente
Closed with +73 pips
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