Watching now on NZDJPY whether the trend resumes after this triangle break either to upside or downside. Looking at Yen however is difficult to be bearish unless Kiwi falls apart and pullsback. Other Yen pairs are rallying so this pair is nearing conclusion on its sideways movement.
Yesterday I bought this pair from the support trendline, and it hit my target. Now it's at the resistance, so I'm shorting, stop loss above the high to ensure I don;t get stopped out by a takeout or by larger institutional traders and brokers taking advantage.
In progress...will likely pullack 50+ Pips SELL remaining Good Luck! KEEP THE RADARS UP!!!
On the NZD.JPY 1hr chart we have 3 potential trade opportunity's at the D leg completion of a bullish & bearish Bat setups. Bearish Bat Setup ( White ) - D leg completion 81.924 Target 1 - 81.648 Target 2 - 81.473 Bullish Bat Setup ( Grey ) - D leg completion 80.838 Target 1 - 81.297 Target 2 - 81.574 Bullish Bat Setup ( Blue ) - D leg completion 80.838...
Price has reached the slide parallel of an active median line where it bounced dropping into an impulse. A correction has followed forming a bearish flag pattern, which we may trade if price breaks below it.
Simple Head n Shoulder Pattern.targeting 15250 -15750
I am watching closely the completion of the E leg of our ABCDE structure. If price looks to bounce off of the area I will short this pair and ride Wave 3 down.
This pair is making a nice flag after breaking to the downside. The consolidation has been going for long and the next down leg will be trade with good risk to reward. This is also similar to the AUD/JPY. *These trades are based on my analysis and is my personal idea. Not a recommendation to buy or sell. Please use your own strategy. If you have any questions...
Excelente Oportunidad de Venta en el par NZDJPY debido a Importante Resistencia y por el rompimiento de la estructura correctiva. Ahora su camino sera caer
Hello everyone there was a change in the corrective structure from my previous post on this pair and price formed a flag instead of a expanding triangle that i was expecting. The flag has broken down and completed its first minor wave of the 3rd intermediate wave which should be very strong. I am looking to sell the breakdown of this corrective structure before...
Hi traders, We have a potential bullish bat pattern forming on the NZDJPY, from where we will enter long. Entry: 80499 Stop: 80.310 Target 1: 80.943 = R:RR 2.35 Target 2: 81.331 = R:RR 4.40 Good luck guys! Updates will follow.
I hope everyone had a great weekend! The markets are looking as good as ever! Today, to start off the week, we have NZD/JPY on the 1W chart. This is looking great for the long term! In the up turn of the market, we have been hitting some resistance the past couple weeks. At this point, we are seeing the completion of a BULLISH 5-0 and a BULLISH DEEP CRAB...
On the NZD.JPY Daily chart we have a potential long opportunity's at the D leg completion of bullish Bat setup. The price reversal zone on this pair is between 80.977 & 80.876 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement...
NZD is a currency that I do not want to long right now. It is now approaching its strength resistance from 2013. There is a small room for strength. I would prefer Australian Dollar though. So in case we want to be bullish Euro, Pound, or US Dollar, the Kiwi can be the currency to short with. NZD can still appreciate further towards the red bar before any...
Yen has rallied from its recent lows near the end of 2016. Bearish stance remains intact however allow further rebound into the .236 or .382 fibonacci area. Expecting Yen to continue its rebound as long as its 2017 lows is not broken.
Hey traders, today i want to point out to you a potential Gartley pattern setting up. In NZDJPY we are approaching the lower low created on December 23rd. So this could be a nice zone where price could bounce off of. Stops below X, target at .382 and .618 of AD leg. If you want to share your view, feel free to comment below. Otherwise, see you in the next chart!
after a long time i saw a good setup .NZDJPY D1 Bearish pi bar very huge move soon