Wave-Trader
Short

NZDJPY Setting up for big move

FX:NZDJPY   New Zealand Dollar/Japanese Yen
3359 15 92
Hi, fellows i am looking for short on NZDJPY             . Watch for price action under trend line and look for sell. in case price break up then i will look for change in pattern and structure. Follow me for timed entry on lower time frame.
Comment: Price still with in the flag pattern you can buy sell with that flag for short period of time......
Comment: If price come close to the 82.000 watch for sell......................
Comment: Hi fellows. watch the upper trend line for sell based on risk taking entry......Here is the update..........
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Comment: Price testing sell place Good luck fellows......................
Comment: Price running in to the flat channel one more move up is possible.............
Comment:
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Comment: Watch for sell at top corrective up move is about to complete............
Comment: Here is the update.........................
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Comment:
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Comment: We are in daily TCP watch for continuation.
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Great analysis !!
+1 Reply
@prashanthc, Thanks mate.
+2 Reply
prashanthc Wave-Trader
@Wave-Trader, Break out appears sell stop going to hit!! nice sell i think .. thanks master !!
Reply
Thanks for sharing mate....I learned a lot from you.
Reply
Wave-Trader PRO sakseeda007
@sakseeda007, Cheers mate.
Reply
Hi. The trend line seems to be broken in 4H chart. Is it OK to take the position on opening of the next candle?
Reply
@siarian, Mate this idea based on pattern it is not based on trend line ya. you can sell at any time but try to sell close to the upper trend line by placing your stop loss outside the trend line ya. breakout is not so strong yet so it can climb up again ya so trade carefully.
+2 Reply
Nice chart!!!
Reply
Wave-Trader PRO periklistolis
@periklistolis, Thanks mate.
Reply
Hi nice trade setup, I have similar view as well. Thanks for sharing your idea.
NZDJPY SHORT 4 HR BREAK AND RETEST TRADE SETUP
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Wave-Trader PRO jojofang0901
@jojofang0901, i think your are out from the market.....7
Reply
looks like NZD is going to drop on all pairs...well I hope it will :D
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@febeks, Cheers mate good luck.....
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it is available to enter now ?
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Thank you for the update. I am short from the top of the channel. What would your approach be if still holding a trade? close at BE or let it run? Thanks.
Reply
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