Hello. After breaking the set level, you can enter the sale with 2 targets
Since October's high, NzdJpy has started a downtrend, at least in the medium term and after finding support in the 76 zone, the pair rebounded and has started to trade in a range. Now we are in the resistance zone of this range, and a fall could follow. A rise above 78.70 would negate this scenario and bears can have as target 75 zone Also, a drop under 76 would...
The basic concept of the chart is Dow theory and it suggests that HH HL is in play based on that we can easily say that a long position should be taken and the first target is 83. Also, stop loss should be applied on the dark green line. RSI also suggests a highly oversold position.
Hello. After the failure of the set level and the pullback, the price decreases to the previous floor
We expect price to comes to our area where there POI and BEO which is a good sign for us to go short with this pair till 79.00 before buyers comes in.
IN this update we review the price action in the NZDJPY and identify some high probability trade locations
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.
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...
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 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...
This is my idea on NZDJPY Pair. Harmonic Patterns: ABCD What dou you guys think?
NZDJPY has respected the resistance level of 77.921 and moving back to our support on 76.400 Reason for trade : A Doji has formed on the 4 hour time frame and also respected the level which gives me the confirmation for a down trend tp: 76.400 sl:78.130 Use proper risk management when trading I always use risk ratio of 3:1 win 3 and loss 1 Remember...
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
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/JPY Signal Market Buy: 75,700 Stop-Loss: 75,100 Target 1: 76,400 Target 2: 77,630 Stop-Loss: 60 pips Risk: 0,5% Risk-Reward: 3,13
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions