Hey Traders, in today's trading session we are monitoring NZDJPY for a selling opportunity around 90.400 zone, NZDJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 90.400 support and resistance area. Trade safe, Joe.
Those who went long on the NZDJPY Bullish Butterfly Pattern might have profited more than 100 pips (~1,000 USD/lot). The trader suggests waiting for a Type 2 Butterfly Pattern at 89.35 or a retest of support at 89.73 for a counter-trend buying opportunity. What's your trade plan for NZDJPY?
✅NZD_JPY is retesting a Broken wedge and after That I will be expecting a Bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
NZDJPY - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy NZDJPY Entry - 89.408 Stop - 89.052 Take - 90.242 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
✅NZD_JPY broke out of The narrowing wedge pattern And the breakout is confirmed So we will be expecting A bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello Traders, Hope you Guys are enjoying your Holidays during this winter season. i just came across one of my favorite model trade setup on NZDJPY pair for selling short above 90.43 and target around 87.70 or below levels with a Solid stoploss placement at 91.52 level. This is going to take time to pan out as we are in slow mode and holidays period of the...
Hello,Friends! We are targeting the 90.142 level area with our short trade on NZD/JPY which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
📈 Overview: NZDJPY, amid a bullish trend, shows a bullish divergence near its higher low. The current retracement from the 0.618 Fibonacci level suggests potential upside. 📊 Technical Analysis: Bullish divergence and retracement from 0.618 indicate a favorable risk-reward ratio for potential long positions. 📉 Trade Strategy: Traders may consider long positions,...
Hello,Friends! It makes sense for us to go short on NZD/JPY right now from the resistance line above with the target of 89.803 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Check out these advanced trendline trading techniques for NZDJPY. If you're seeking a counter-trend trading opportunity, watch out for a Magic Candle Confirmation (MCC) on the Bearish Trendline. This will signal an entry point for a short trade. Once the pair touches the next trendline, consider shifting your stop to entry and decide whether it's a...
A bearish triangle pattern has emerged on the NZD/JPY 30-minute chart, signaling a potential decline in the pair's value. Key Points: 1. Triangle Breakout Pattern: The pair has been consolidating within a triangle formation, characterized by converging support and resistance lines. This often indicates indecision before a decisive move. 2. Sell Entry...
We are in a good SALES area in this pair, we can enter the market in areas close to 90,170📈📈 success to all, visit my profile in Spanish to see the other operations✅ 😄📲 COME ON!
NZDJPY - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy NZDJPY Entry Level - 90.028 Sl - 89.800 Tp - 90.560 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Here is our detailed technical review for NZDJPY. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 90.081. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 90.560 level. P.S We determine...
✅NZD_JPY will retest the Horizontal support of 90.324 From where I think we will See a bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Friends! We are now examining the NZD/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 90.156 level. ✅LIKE AND COMMENT MY IDEAS✅
OANDA:NZDJPY The 1h has broken its bearish countertrend structure on the overall bullish structure of the daily, 4h and weekly tie frames. Price made a pullback to 90.366 Daily support making it a great area to look for buys
NZD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 90.123 which is a pullback resistance. Stop loss is at 90.580 which is a level that sits above a pullback resistance. Take profit is at 89.709 which is a pullback support that aligns close to the 50.0% Fibonacci retracement level. High...