Since 20th August, NzdJpy is in an uptrend rising around 800 pips and also breaking above the neckline of an H&S pattern In the last trading month, the pair has started to correct and I believe we are close to resuming the uptrend. At this moment NzdJpy is entering a strong buy zone marked buy old horizontal supports and 50% Fibo for the last leg up Losses from...
NZDJPY is at the beginning of a strong bearish impulse which can be around 200 pips!!! so therefore, we can expect price to respect these region.
Price has Formed new structure so we will ignore the previous one , the worse scenarios is when price goes to the first structure
Price has broken the structure to the downside for potential downside movement { wait after pullback then sell where i showed my entry and sl plus TP}
NZDJPY still a valid buys on 4H structure bias and will see if the 81.000 level holds. But there is also a 1H downside structure shift and will see if the momentum gets in for the sells on the break of 81.000 level and retest for the targets of 100 Pips ( 80.000 ) as the prices have took a nice retracement from 79% fib level in the Asian session. All depends on...
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Currently still bias on being bullish but this pair is currently in a good position for a short term short position. Expecting a drop to the major support for a buy position in a long term.
NZDJPY has been one of the strongest currencies for the last several days, while the JPY has been one of the weakest. This may change come with BoJ news on Monday. Rates may stay the same, but just be aware. Price made a HH, and with a RTI (return to impulse) expected, we can short to the expected HL. There, we can take the more significant swing trade for a...
NZDJPY showing bearish signs as it just made a lower low and lower high on hourly time frame. we can attempt a short with the stop loss at the lower high mentioned in the chart.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Leave your comment below if you find this helpful or disagree Short setup (Downtrend Continuation) Now we wait for price. Never chase price :) Happy trading traders
price broke clear S&R level and downtrend line on 4h and retested its also supported by small uptrend line on 1h placed SL below previous low and targeting daily high
This chart should give you a clear picture of the money distribution that needs to occur before we see the next strong move. I think NFP will push the price past this wick before collapsing. NZD has been a beast in the markets, New Zealand is facing increasing pressure from COVID issues but the price continues to rise. Classic manipulation but it must come to...
Down she goes! I am expecting to fade a sell here on the pullback of the bullish run. Price wiped both highs to the left but left some bullish liquidity trapped on the way up. I believe now may be the right time to take a plunge at sells. The team has been involved since the morning.
We open a long position for this week to reach next target
Here is my idea for swing trade. SL -32 PIPS If you have idea, leave comment bellow and give thumbs up. Appreciate it