NZD/JPY BEST ANALYSIS

2020-01-03 03:35:45

Price come to resistance (weekly blue downtrend line)
This zone is sell zone because price is bounces many times.(I showed that with blue rectangular.)
Yellow up trend line is broken to the down in this resistance zone .
If the price come to buy zone ,this is very strong zone; price will make inverse head and shoulders .
This can be quasimodo because price is coming from upper of the left shoulder.
Finaly price close the gap and meke new peak becouse montly trend is starting.( Pls look monthly candelstick)