NZDJPY is Trading in Ascending Triangle pattern, also it at a very insignificant resistance level from this level, we might see some price move on the downside towards the trendline for ascending triangle pattern. One can initiate the trade, on the short side at the current price level with a target at the trend line of the ascending triangle pattern.

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Note – Trade With Proper Risk Management System.

Thanks

Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.