NZDJPY continuous downtrend. -> SELL
Good place to get in short, either quick stop out for 8p or push down for positive RR.
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Trend continuation down as momentum swings up and EMAs cross to provide confirmation
Below the cloud. Counter trend line broken. In surplus area, Etc etc. Taking back down to balance, taking trade back down to 0.61 fib
Short term sell on NZD/JPY - Shorting the pullback of the bullish trend as it hasn't yet found the foundation to make the push higher up. *This is a day trade and a Risk:Reward ratio of 1:1.
After identifying this support zone, we emphasize that it has been tested numerous times previously and in the H4 chart it presents sale signals. MACD gave the cross and the price tested the support zone, rejecting it. I think it's a good time to open a short position.
this is a nice set up and a bumoer reward to risk ration
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Respected followers, on daily chart I have found long trend line which indicate bearish mode on NZDJPY. Risk is too small but reward is too big. Its very nice trade to take with little risk to gain big profit. Best of luck
NZD/JPY has rejected its resistance level and forming down side way. Kepp trade on when it comes to profit and do not close until it will not touched its profit target. Keep money management.
NzdJpy Daily timeframe - I see a pending pullback for this pair into the daily demand area for potential longs in the near term.