NZDJPY - About to attack!

2019-12-01 04:30:08

As you can see "Mayday, Mayday!" This is where we want to watch very closely (Yellow zone) due to about to break or miss the target (meaning continue bounce down)

We want to wait for confirm breakout or just watch closely to see if this will continue respect the resistance zone. As you can see Monthly, weekly trend is down for awhile, but daily trend been up. This could be both ways! We won't know who will win this battle. Just wait for the price action and break the zone. Then we can jump in the boat before it missile hit our target. After this yellow zone clear then we ride on safe boat to get us to shore until near the next (Blue circles) is where we should arrive into other battlefield.

Let's thumb up for yellow circle to make sure we are safe to entry then we worry about the blue zone later on.