As you can see NZD/JPY recently broke above the consolidation/Ranging level. and has RETESTED it. Now we need to see if this was a fake breakout or it will actually continue in Buy. if it comes back in the consolidation range then it was a fake breakout BUT if it breaks above the previous structure at around 71.950 then it should continue going up till next...
I will go long on NZDJPY because it just bounced on the support zone. It is safe now to go long on NZDJPY. This is the best time to buy NZDJPY for next week bullish move. I think it will go up next week. Trade At Your Own Risk ;)
Hello Traders! ------------------------------------------------------------- 🚀Sell Execution according to the market.
professionals increase 8% long positions since last four week. 1% long increase by last week. while chf one & five year bullish extreme, professionals reduced 6% long positions in chf. suspect bullish momentum continue......
Hi traders, As you can see this pair has reversed somewhat and currently trading below 50 EMA. We have seen a pullback with a bearish candle which suggest we might see another push down to make a double bottom at least if not more. I have therefore gone short on this and marked tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.
1 touch 2 touch 3 touch GO! 1. We have 51 EMA touching and being respected at 3 points in the Market. 2. Two touch makes a tend line and links all the highs Looking for Sell Opportunity, Looking for Entry in Lower time frame 30 minute chart.
The counter is currently formed a flat ABC corrective wave. It broke out from a bear flag pattern, tested the broken support, and is now coming down with strong momentum. Hence, we expect the pair to be bearish in the near-term.
NZDJPY has formed head and shoulder pattern after touching to its trend line resistance level as shown in chart. According to chart pattern analysis we might see downside in NZDJPY towards support level. One can initiate short side trade with Risk management system and stop loss Thank You.
Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! NZD/JPY: Day-Swingtrade-Preparation Market-Sell: 69,990 Stop-Loss: 70,600 Target 1: 69,390 Target 2: 69,030 Target 3: 68,400 Stop-Loss: 61 pips Risk: 0,5 % - 1% Risk-Reward: 2,60 LEAVE A...
Plan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...
Currently, NZD/JPY is trading at 70.11. The pair is consolidating in the resistance and support wedges. The pair may start a new uptrend, if it breaks the resistance level at 70.43, likely the pair might consolidate further for some time. If the pair starts a new uptrend after breaking the resistance level, then its first target price will be at 71.61 and the...
Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! NZD/JPY: Daytrade-Preparation Market-Sell:70,190 Stop-Loss: 70,415 Target 1: 69,970 Target 2: 69,857 Target 3: 69,700 Stop-Loss: 22,5 pips Risk: 0,5 % - 1% Risk-Reward: 2,22 LEAVE A...
Currently, NZD/JPY is trading at 70.24. The pair is consolidating in the ascending triangle resistance and support wedges. The pair may start a new up trend if it breaks the resistance level at 70.43 and it is possible that the pair may continue its consolidation between resistance and support wedges. If the pair starts a new up trend after breaking the resistance...
NZD - BULLISH 1️⃣ The unemployment rate handily beat the 5.6% forecast coming in at 4.0% and helped to push kiwi to trade well. 2️⃣ Risk-on market sentiment after top Democrats and negotiators from the White House say a deal on a coronavirus stimulus package could be reached by the end of the week and approved as early as the following week. JPY - BEARISH 1️⃣...
Hello my friend, I noticed some good setup in NZDJPY as price making a potential double top pattern on the daily timeframe. Taking a deeper look into 4hr timeframe we could see another bearish pattern which is favorable to trade. It is a shs or shoulders head pattern. I am going to sell NZDJPY as there is 2 bearish patterns in play for this pair. Also keep in...