NZDJPY W Pattern Buy SetupNZD/JPYOANDA:NZDJPYJohnsonForexTraderNZDJPY NZDJPY is currently trading around 91.700 and appears to be developing a W Pattern, also known as a Double Bottom formation. The structure is approaching completion, and a bullish continuation could develop if price confirms the pattern with a strong breakout and sustained buying pressure. The key level to watch is the neckline/resistance area. A decisive breakout above this level would strengthen the bullish setup and could open the way toward the following technical targets: Current Market Area: 91.700 Technical Targets: Target 1: 92.200 Target 2: 92.500 Target 3: 92.800 After reaching the third target, NZDJPY could approach the major resistance area, where traders should closely monitor price action for rejection or another breakout opportunity. Trade Plan: Wait for confirmation of the W Pattern completion and a convincing breakout before entering. Avoid chasing the move if price breaks out with excessive volatility. Proper risk management and a clearly defined stop-loss remain essential. The overall structure is bullish while the W Pattern remains valid. If buyers maintain control and resistance is successfully broken, the setup could deliver further upside momentum. Pair: NZDJPY Setup: Bullish W Pattern / Double Bottom Current Area: 91.700 Targets: 92.200 | 92.500 | 92.800 Trade with confirmation, patience, and proper risk management.