LONG NZDJPY

Pros

• Divergences on h4 and daily timeframe.
  
• The price is at a resistance level.
  
• The price is at a weekly uptrend.
  

Cons

• The HCH it's not complete.
  
• Strong bearish wave.
  

Strategy

• Buy a half at market price and the other half searching for patterns, like double bottom or HCH'.
  
• The profit are the last high, but respecting the downtrend.