Hi Traders, I am here again with expecting a SHORT TRADE on NZDJPY . I spotted a DIVERGENCE on 4H and SUPPORT INTO RESISTANCE on 1D chart. Look for LTF breakout and SELL. -Happy Trading :)
If we get a bearish 4hr closure below 62.900. This will pave the way for shorts all the way down to 58.765. Let's see if get this closure next week on Monday.
Watch the Flag Before Sell . After Broken the Flag we can sell . ThankYou
Most of my analyzes are based on chart patterns. Chart patterns for me have good accuracy. On this currency pair, based on the falling wedge pattern, the price may fall to 44, this target is conservative. Falling Wedge is one of Reversal Patterns. Of course all predictions / patterns can be missed. If you look at the current movement, bearish is so strong,...
We're at a fib and clear resistance in a downtrend. Expecting a drop. 360 pips to most recent low.
-Bearish Trend - Entry position at PL -63.3339 - Predicting price to fall around PL-60.100
the corona virus is affecting the market heavily so please use proper risk management
NZDJPY possible short intraday trade opportunity
A nice pull back towards the 61.8 fib is what is needed in order to look for a SHORT position.
Recently the candles have been playing on our support from September 2019, it will probably go back there for a breakout, or else go back up.
I only trade AUD AND NZD related pairs. I closely monitor CHINEESE STOCK MARKET, NEWZEALAND AND AUSTRALIAN ECONOMY to do my analysis. After years of fx trading, I've found, it's best to trade with 1 or 2 currency pairs. Narrow focus brings the best result in the forex market. I try to post and update my trade ideas every week. Follow me, if you like my...
Hey guys, on NZDJPY i am expecting bearish pressure to continue directing the market. -Weekly descending trendline has been respected -Lower high formed on Daily chart -Now in bearish sequence on 4h chart FOR THIS TRADE TO BE VALID WE MUST SEE A DAILY BREAK OF TRENDLINE, FOLLOWED BY A NEW LOW, AND THEN WAIT FOR PRICE TO CORRECT & REJECT A FIB LEVEL TO ADD...
Hi subscribers! The New Zealand dollar is plummeting. A few days ago, the price was at a key level (70,000). Immediately after that, the price fell even more and will continue to do so to the support level. Target at (66.855). If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
NZDJPY has been showing a lot of strength of late. After breaking through the all-important support of 72 during last July and plummeting to 66, NZDJPY has recovered all its losses. For the last 3 months, NZDJPY has been rallying consistently. This has happened due to better risk appetite in the markets. Looking at the sentiment, I can assume that a lot of retail...
Predicting a good sell opportunity on nzdjpy. The market is trading higher, towards an important supp/res level. The market is likely to retest this level, and make a bearish move.
nzdjpy consolidation break now time to sell