FX:NZDJPY OANDA:NZDJPY FOREXCOM:NZDJPY
Head & Shoulders in play. Looking to see if price respect the right shoulder for further downside
Hi Traders, here is the full Update Analysis / Breakdown for NZDJPY. Keep this pair on your watch-list. Conditions - 1.Wait for confirmation ( Environment Change / Retest Of Previous Structure ) 2.Use Risk Management ( Risk 1% of your capital ) 3. Do your Own analysis! 4. Follow for more Analysis like this ! Dont forget to give me a like & Follow...
Hi Traders, here is the full analysis / Breakdown for NZDJPY. Keep this pair on your watch-list. Conditions - 1. Wait for confirmation ( Environment Change / Retest Of Previous Structure ) 2.Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4. Follow for more Analysis like this ! Dont forget to give me a like & Follow let me know...
Price reversed at a strong resistance area and has touched the descending trend-line. Could drop further to 71.769 and below.
Hello Traders, I would like to present a potential SELL set-up in NZDJPY through this analysis. As you can see, NZDJPY has touched the Weekly Resistance in the chart. Currently, the price looks overextended and too many positives(US China trade deal,etc) have already been priced in. So, any kind of risk-off situation can lead to a sharp reversal in price. Hence,...
NZDJPY reversed off its resistance at 73.483 where it could potentially drop further to 71.910. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDJPY Looking similar to NZDCAD pushing up into resistance now. Stepping aside for now but it looks like a very nice set up is forming for us.
SELL NZD/JPY Entry 1 72.680 Entry 2 72.780 Sl 72843 Tp.1 72.420 Tp.2 72.250 Tp.3 72.040
SELL SETUP ABOUT NZDJPY _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade...
Ill Wait for D1 close and re evaluate in my opinion. Please tell me your opinion on NJ
Plan : bullish falling wedge failure --> trendline breakdown --> wait for prices to bounce off trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders...
It now looks clear that a falling channel is forming. Price may drop further towards the support line of the structure.
The pair formed a triangle structure which is nearly coming to an end. I see a high possibility of the triangle breaking from the lower side. You can wait for the structure to break and go short if it manage to break it from below.