Hello hustlers.. This is trend change trade.. Use good trade management only thing important in Trading is how you manage your trade... FROM 1:4 RISK REWARD RATIO... Enjoy...
I am interested in the level 86.80 as a draw on liquidity where the price will gravitate towards after showing a rejection near 87.50
The price has been on a down trend and has considated, it has formed an engulfing candle on the 4 hour, and has broken the consildation trendline, the price will potentially continue downwards
H1 - Bearish trend pattern. Currently it looks like a pullback is happening. No opposite signs. Until the two strong resistance zones hold my short term view remains bearish here.
the price has formed an engulfing candle in the consolidation pattern and broken a continuation trendline, the price might continua downwards
the price started a small drown trend and considated creating a double top pattern and now it looks like the trend is about to continue downwards
Analysis: Bearish Confluences In a downwards trend Retest of a key level Fakeout of downwards trendline 1K long position increase for the JPY 12K short position decrease for the JPY Bullish Confluences NZD is the 5th strongest major currency whereas the JPY is the 8th strongest major currency 3K short position decrease for the NZD Stay Safe -...
Good morning everyone! Hope you all loved our gold buy where we started the week of perfectly. I am currently watching this sell on OANDA:NZDJPY for a RRR of 10:1, let me know if you agree! Good luck everyone!
Im looking for 2 setups here. 1 risky and 1 safe . Of course there is no "safe" setup in forex trading... I will take both trades with 0.5-1%(risky) and 2%(safe) risk, if they get filled. The basic price points: RISKY : Entry at. 86.600 Stop loss: 86.900 Take profit: 83.600 SAFE : Entry: 87.000 Stop loss: 87.200 Take profit: 83.600 I want...
With all the excess "liquidity" force down everyone's throat, the world over, this carry trade is no exception. This pair can move 10k pips in a heartbeat when 'it' hits the fan (which ought to be sooner than later). On the long run (full cycle) the NZD is not worth 50 yen! (It is actually much closer to 30, after all is said and done.) With a "live" BoJ meeting...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a...
NZDJPY - 24h expiry - We look to Sell at 88.80 (stop at 89.30) Broken out of the channel formation to the downside. Further downside is expected. Although we remain bearish overall, a correction is possible without impacting the trend lower. Risk/Reward would be poor to call a sell from current levels. A move through 88.00 will confirm the bearish momentum....
Looking at this pair, I'm getting the impression that a deeper correction might be imminent. Initially, the breakout from the 88 area wasn't convincing at all as it didn't exhibit significant follow-through, despite the fact that last week it touched a new high @89.700, marking the commencement of a Monthly SUPPLY/SELL zone. A solid signal that a reversal could...
NZDJPY - 24h expiry - We look to Sell at 87.50 (stop at 87.90) Broken out of the channel formation to the downside. Further downside is expected. Short term RSI is moving lower. Risk/Reward would be poor to call a sell from current levels. A move through 86.75 will confirm the bearish momentum. Our profit targets will be 86.50 and 86.25 Resistance: 87.00...
Weekly is bullish BUT time for a retrace-meant daily has a bearish formation break and retest 4 hr is bearish waiting for confirmation for entry
NZD jpy looks to be topping here and have a good potential to drop #nzdjpy
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NZDJPY Buy Stop Loss: Targets: 88.9 89.0 89.1 89.3 89.5 90.0