🏃♂️NZDJPY is moving near the Important Resistance line and the Resistance line and inside the 🟡 Price Reversal Zone(PRZ) 🟡.
💡We can consider the formation of the 🌠Shooting Star Candlestick Pattern🌠 in 🟡 Price Reversal Zone(PRZ) 🟡as a sign of a return.
🔔I expect NZDJPY to return to the 🔴 Resistance zone 🔴 and Uptrend line in the coming hours.
New...
The 1-4 hour trend is technically bearish, however, we just broke the 4h 100 moving average with a solid bullish engulfing candlestick, our stoploss covers daily moving average, and 12 hour is developing a good price action. Overall I think the higher timeframe bias will continue and this short-term bearish movement should fade. 📈😊
Hello,
Welcome to this analysis about JPYNZD, we are looking at the 12-hour timeframe perspectives. As I recently detected JPYNZD is forming this interesting structure with mainly this decisive descending-bull-flag-formation formed and the wave-count from A to C almost already completed in the flag-formation. Besides that, the wave-count in the flag and the...
I've been following this pair for a long time and have opened a short position. The Fib level is being rejected and seeing a lot of selling pressure.
Share your thoughts and follow for more updates.
Falling Wedge patterns along dominant down trend lines in yellow
First pattern resulted in a break out, leading to the next pattern that is similar
The break out will also be similar on this 2D timeframe
Hello ... have a good weekend ... the harmonic pattern is forming and the price is moving towards its formation, if we see a return candle, we will open a buy transaction ... this signal will be executed next week, be patient. ..
Pretty much the same picture, as with CAD, AUD, JPYNZD is another longterm sinker, but it does not appear that there is even a X Wave to save it. I have outlined Fibonacci goals in purple, invalidation is in red if shown. This is a hobby to share my ideas with you, so do not take anything I ever say for financial advice. I suggest you learn Elliot Waves and TA by...
Hello traders!
Here my idea is to wait JPY/NZD to touch the support line and then go long until our defined target. Always remember to wait for a confirmation candle before placing the trade! Furthermore, the RSI is almost oversold!
Remember to put a stop loss in order to secure your capital!
Not a financial advice.
Enjoy your trade!
Symbol: JPYNZD
Timeframe: 30M
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
Short Timeframes: Yellow
Medium Timeframes: Green
Long Timeframes Context: Red Series
SETUP: SHORT
ENTRY @ 0.01392
SL-1 @ 0.01397
T1 @ 0.01385
SL-2 @ 0.014
T2 @ 0.0138
Manual Stop Conditions: The upper ribbons turns Green
I appreciate your like or comment. Welcome...
On the left we can see a potential H&S in the making, but obviously it is very premature. There are a few reasons though for me to assume it is a realistic option.
At the high we can see a gap up that got sold of quite big with to big red daily candles. This is a sign of weakness and shows there is a potential high set. When we zoom in, i will get in with 50% of...
