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NZDJPY - Breakout From The Channel

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FX:NZDJPY   Dollar New Zealand / Yen Jepang
Hey followers and other TradingView users!

NZDJPY have made a breakout from the short-term upwards channel.
We have a confirmation on the 1H timeframe where it got a close below both EMA's 100&200.
We have also a confirmation close below the channel on 4H timeframe, plus there it ended up with bearish Engulfing candlestick pattern!


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*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Komentar:
Bearish Engulfing on 4H and it got rejected from EMA100. Let's see how it plays out!
Wait for the trendline retest!
Komentar:
The price has already reached into the target 1 area:

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