Hi there Traders, Let's take a look at NZD/JPY 4H chart. Price right now is headed to test the Resistance line of Descending Channel. It is too early to enter a trade right now, that's why we are going to be patient and what for clear signal that the price is rejected from Resistance. If we will see that price has bounced of the Resistance only then we will enter...
NZDJPY bounced off 64.180 where it could potentially rise further to 64.771. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDJPY is trading in an ascending triangle pattern, which is a bullish pattern. One can initiate the trade at support and resistance level of the ascending triangle pattern. If You Like Idea Do Follow/Comment/Like For More Quick Update Note - Trade With Proper Risk Management System Thanks
NZDJPY is approaching its resistance at 65.597 where it is could reverse down to its support at 64.431. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDJPY expected to rise up to 1st resistance at 65.274 where it could potentially react off and drop down to 1st support at 63.832. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDJPY is trading in a symmetrical triangle pattern, which indicates the uncertainty of trend. One can take a trade on a breakout from the symmetrical triangle pattern on either side for the long term. If You Like Idea Do Follow/Comment/Like For More Quick Updates As Time Is Money Note - Trade With Proper Risk Management System Thanks
Sell stop at 64.947 just in case it's a quick shot down.
NZDJPY Multitimeframe analysis 1D As we can see on 1Day chart market formed a nice double top pattern at the supply zone and price rejected from it nicely , we can expect to see a major drop in it. 4H As we can see on 4Hour chart market got rejected from the demand zone , but at the same time market creating a lower low. so, we might see a price rejecting from a...
Plan : 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 investment decisions. Traders!! if...
NZDJPY IS DESCENDING TRIANLE AND CONTINUE SHORT PLEASE LIKE & FOLLOW MY CHANNEL TO GET MORE USEFUL IDEAS.
Plan : wait for the price to decelerate and 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 investment decisions. ...
As shown in the chart, a short term bullish move can be expected in NZDJPY, especially after positive news came of NZD's CPI announced earlier today. A short term upward move with the next resistance 65.050 levels can be expected.
NZDJPY is trading at a pretty strong resistance zone. So, we might see some correction on the downside towards the trend line. One can trade on the short side for a shorter time frame. If a pair comes on the downside, the target will be trendline support. Like/Comment/Follow For More Idea Note - Trade With Proper Risk Management System Only Thanks