Buy NZD/JPY Descending Triangle

2024年11月15日

The NZD/JPY pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.

Possible Long Trade:
Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 91.65

Target Levels:
1st Resistance – 92.11
2nd Resistance – 92.34


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Best Regards, KABHI FOREX TRADING
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2024年11月15日

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