The pair moved as predicted and completed the 4th leg of the shark pattern therefore we closed our positions in the PlutusX MAM with profit. Our current strategy on this pair is to buy it again as it retraces back to the yellow support zone. FX:NZDJPY
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.
this is a nice set up and a bumoer reward to risk ration
NZDJPY / H1 / (Harmonic Trade) Trade with care and use good money management.
nzdjpy - Buy trade taken on a weekly and daily demand zone.
NzdJpy Daily timeframe - I see a pending pullback for this pair into the daily demand area for potential longs in the near term.
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.
I AM EXPECTING SOME REVERSAL ON THIS PAIR. SEE ONSCREEN INSTRUCTION LIKE, FOLLOW AND COMMENT FOR MORE :)
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
Sell Top of channel with 0.382 Fib support FX:NZDJPY
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
Daily Candle Closes Bearish, SOLD @79.100. NEW resistance, Previous Support @ fair price levels
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.