WXY correctiong is on a the Y wave of the correction. The geopolitic situation and the rise in covid cases and lockdown impossed by China is expected to put pressure on AUD, NZD and CAD due to hi beta status
NZDJPY is forming a nice Head and shoulder pattern on the daily. It is also testing resistance on the 4he with bearish divergence on the RSI. Price has rallied to this structure point and has given us clear rejection to go short
I look for sales in NZD JPY hoping for a bounce from reaching a high demand area in the past
Sell: NZD / JPY SL @ 79.750 TP @ 78.710 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
The breakout will help us determine whether to buy or sell. I will come back to post the limits.
NZD-JPY Retests Horizontal Resistance Level 79.222 Form Selling Harmony Pattern So I expect a drop from the current level Towards the horizontal support level at the bottom 77.15
FX:NZDJPY This is a short term deal! Drawn boundaries mean target. Drawn lines mean a return on price. Do not forget that you can not trade without a signal because this is an analysis. IRFOFC
#NZDJPY Market is currently at resistance level and not able to cross at and can sense selling pressure at this level. So here is good selling opportunity in this pair.
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...
NZDJPY has been trading in bullish trendline making higher high and higher lows, following a parallel channel on shorter term. Similary it is trading in cup and handle pattern formation on longer term. But we have a resistance ahead at 79.300. We expect profit taking from that level.
Hi Traders, Price action on NZDJPY is continuing to look bearish as price is moving within an Ascending channel approaching the top boundary. We have a double top and a LTF channel within the HTF reversal structure to give us confluence for a sell on this pair. What's your analysis ? Share a comment below and let me know what you think! Click the like button...
What I see: - 6 rejections from resistance zone - 4 rejections from support zone - Stochastics is overbought in daily chart - Stochastics is overbought and crosses in 4hr chart I'll be expecting price to short towards 76.220.
Nzdjpy short idea with bearish englulf and bearish diverson on rsi
if show rejection from this resistance will be create a double top .If case a fall will be there a support at a cross trendlines
#NZDJPY Market is not able to cross descending trendline now on several times. Looking for triangle pattern looking for sell move.
As NZDJPY is declining from high of 82.52, the decline is similar so far to the analogue of Bitcoin which we saw a plunge from 68k high as well. Is NZDJPY only a wave behind BTC giving that both are associated risky assets? If yes point 4 will suck the breakout traders into thinking of a break of trendline and dumps on them vigorously to point 5.
We Clearly See The Imbalance/LQ Void So We Know After Every Imbalance Market Go For a correction That's Become an Opportunity For Us
nzdjpy wait for selling are you ready ? i m waiting for aproch at supply zone then we do sell with m15 confirmation lets see