SWING TRADE / Long position Here are the confluences; a. Monthly/Weekly - Bullish Momentum (Uptrend Structure) b. Main trendline Potential third touch c. Weekly Level
On the verge of break of HTL and VTL on 2H timeframe. A short high probability sprint available for NZDJPY between 80.690 (buying SL) to 80.790 as 1st TP SL as per risk appetite, first small logical SL would be below 80.3. Trail SL as we move ahead.
NZDJPY LONG - Buy Entry - H4 Chart Symbol: NZDJPY Timeframe: H4 Type: BUY Entry Price: Buy @ Market Stop Loss: 79.650 Take Profit: 81.957 🔺 DISCLAIMER 🔺 For educational informational purposes only. 🔺 Analysis may change at any time without notice. 🔺 You must research and create your own trading plan.
Price made a nice rejection and we are waiting the breakout of the structure for buy entry. Safe entry is above the dotted line which is also previous buyers territory.
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...
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 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...
After having a positive Employment print on the NZD we expect a strong demand for NZD to push the NZD/JPY pair to complete wave 5.
Bullish Pennant spotted on NZDJPY H4. So far as NZD stays strong and JPY weakens this bullish pennant could be accomplished
1. HTF : Has been very bullish 2. LTF : Price retraced to SUPPY ZONE now we are anticpating a drop from the DEMAND ZONE
Prices are facing bearish pressure from the resistance zone, in line with the 50% fibonacci retracement where we could see a further downside below this level. Ichimoku cloud and 34 EMA are showing signs of bearish pressure as well, in line with our bearish bias. A break below the 81.50 support area is needed to see further downside.
Hey all. NJ hit target at 82.50. Now watching for a pullback into the blue lines where I have buy limits. NJ seasonality continues through to december.
NZDJPY time frame D1 forming "FLAG PATTERN" and we can see that, there has been breakout from the trend line and re-test.
NZD - Strong Bullish 1️⃣ The market expects that the RBNZ interest rate will reach 1.0% in April 2022, and 1.5% in October 2022. JPY - Strong Bearish 1️⃣ The rising in US Treasury yields has made investors less fond of low-yielding currencies such as the JPY. ===== Technical ===== We are buying the NZDJPY after it bounced back at support levels. ===== Risk to...
NZDJPY is carving out a potential wave 3 high, in this update we identify a high probability pattern to trade for a 5th wave upside extension
More upside potential if we can break above 80. waiting for weekly closure. If we reject around current price, I will be looking to sell.
#NZDJPY Daily Last Analysis On NZDJPY Is Still Valid We are Looking Short For This Pair Before Touching The Trend Line