counter Trend NZDJPY Daily (Fib, rsi, sma, abcd, structure)

@TradeYodha
TradeYodha.com
(Just my ideas, do you own analysis)

Possible NZDJPY Countrend Long Opportunity

1. Harmonic ABCD Pattern completed
2. Reaching 61.8 level of previous leg
3. This level was a resistance in past
4. Price is getting oversold on RSI
5. Has just crossed 200 SMA but other SMAs are lagging behind. Price may try to reach back to those 10 SMA and 50 SMA