as we can see here on the NZD/JPY chart that the market has been in trending in a downtrend for a while now. the market was trending and bouncing back upon a strong support line for a couple of times until it was broken and momentum shifted to the downside. after the broken support was lightly tested and became a new resistance level. furthermore, the market advanced to lower levels to the suddenly change momentum and move back to upside to retest the previous resistance. right now a flag pole candlestick pattern has formed, with a long ending wick, with the momentum curving upside. due to this type of pattern, we can wait and expect to see a breakthrough of that prior resistance into news upside areas and the market to create a new structure. so now we will be placing a buy at this point for the markets to hopefully move in our favour after seeing this pattern form.