NZDJPY 4 Hour Analysis (27 June 2023)
1. Price is in pattern, we can expect pattern breakout
2. Also, we can see that the price is in
overbought area of Stoch, so we can expect
a little bit bearish move, but we have to
wait before taking trade
3. If price breaks the pattern from upside,
we can see some bullish move
4. For strong bearish move, the price must cross
the pattern from downside
1. Price is in pattern, we can expect pattern breakout
2. Also, we can see that the price is in
overbought area of Stoch, so we can expect
a little bit bearish move, but we have to
wait before taking trade
3. If price breaks the pattern from upside,
we can see some bullish move
4. For strong bearish move, the price must cross
the pattern from downside