Hello! Thank you for the support. Triple rejection already can be seen at major resistance. I am expecting the price will go south as confirmation from trendline breakout already happened. Price have potential to go near major support soon. Regards. AK.
Range resistance is broken and I expect to see pull back to the (new) support level and then long for the new bullish leg. If I got SL, I'll be looking to take another buy around 72.20. NZDJPY BUY LIMIT 74.40 SL 73.90 TP 75.00 TP2 75.50 TP3 77.70 www.trade-insider.com
NZDJPY / H1 / (Harmonic Trade) Trade with care and use good money management.
This pair had reached a key resistance level last week - 75.525 Since then price has rejected the new high by popping a wick to the up side pinning the resistance level: 1. I have noted the swing low at 75.000 as a short term support level 2. Note the marked support lower down at 74.400 3. As long as price is between the 75.525 and 75.000 range I will wait for...
Pair: NZDJPY Trade: Long Time Frame: 4 Hour Strategy: Head and Shoulders Bottom (Reversal) DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight into my trading techniques, you should do your own due diligence and not take this information as a trade signal.
Price made a exhaustion on a strong support area. I`m going long.
IF THE CURRENT MOVEMENT BREAKS OUT OF THE CURRENT RESISTENCE THIS SET-UP WILL BE A CONFIRMED HEAD & SHOULDER PARTTEN. IN THE MEANTIME KEEP AN EYE ON THE BREAK-OUT (I STAND TO BE CORRECTED THANK YOU).
Shown in this example is the Monthly timeframe of the NZDJPY where we are currently sitting at the potential formation of a right shoulder in a reverse head and shoulders pattern. At the moment this market is showing respect for the low that was established at the left shoulder right around the 73.11 level. The ability for this market to stay above the left...
NZDJPY has already broken weekly trendline and I'm seeing this move down to the 73.273 area
Hi, Traders As i am observing that market under a complex corrective structure it may be abc correction or it will go all the way to upside.but there is a lot of possibility of selloff from c'' wave. Note: This is mere a idea not a trading signal to trade. Trade carefully ! Thank you for your support