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
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
Hello traders, NZD/JPY is trading at 78.64. The pair is trading in resistance and support wedges in a downward trend and can break the support level to start a new down trend. If the price breaks the support level at 78.44, it can start a new down trend and then its targets will be first target at 77.94 and second target at 77.38. Follow proper risk management...
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
If we view this pair from a larger perspective we will see that in reality all sellers that were lured in at the breakout have now been stopped out. This could mean that banks have significant liquidity to make the true move to the downside. I will be waiting on a strong pullback before getting involved in long term sells.
Yesterday's collapse filled some of the imbalance from the strong move up. We are now trading around a previous order block and showing signs of rejection, could this be signs of some bullish momentum prior to NFP? Ideally, I would like to buy here to the higher OB but I will wait for further confirmation.
NZDJPY has made a head & Shoulders pattern. The TP would be the length between the Head and the Neckline. SL @ 80.27 or SL at Resistance Breakout H & S Target 78.71
The market has been moving in a very nice way in the long run particularly in the rising wedge pattern. It made a new high recently and there is a high probability that it will travel down for some time now, my personal taste says 76.5 at least. A chance to take short ASAP as soon as the market opens because a resistance has been formed and this is a nice entry...
Selling Opportunity With NZDJPY... Banking On Continuation Of The Downtrend... Let's Ride It Down Hopefully:: Perfect Pair To Look For ell Set-Ups:: Ideal Trade Indicated On Chart With SL $ TP 1$2 Indicated By Dotted Lines...
Break Of Key Level = SELLER STRENGTH
NZDJPY broke ascending trend line and are currently awaiting for the news to get some volatility going with JPY. The volume flow can bring the price down to 76.000 area in the long run. What's your bias for this pair? Thanks
Prices are facing bearish pressure and might continue its bearish moves downwards if it breaks through support level which coincides with 127.2% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push down further and take support from 161.8% Fibonacci retracement and 127.2% Fibonacci extension. If prices reverses from pivot, prices might face...
Since February, NzdJpy has had 6 attempts to stay above 79 figure and failed every time. Now the pair broke under trendline support and is trading just in horizontal support level around 78 A break here would give bears the upper hand and would expose 76 support. NzdJpy back above 79 would negate this bearish scenario