Hi traders, This pair is following a falling channel and price has come to test the resistance line. You may wait for more confirmations and sell if the price doesn't manage to break out.
We recently saw some pushes up on this pair, but now it looks exhaustet and ready to fall. My target is a 100 pip drop from now.
NZDJPY 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 to make independent investment decisions. _________________________________________________________________________________________________________________________________________ Thank you for your...
waiting For Strong Sell After 3rd Touch Rejection Candle
Hello Traders! My setups rarely work, but when they do the gain is massive! Happy trading
NZDJPY Looking similar to NU pushing up and rejecting off residence nicely. Still a little bit to early to hop into shorts but it is looking really good we could see one or two final pushes to the upside before we roll over and melt down to 70.00 and possibly lower. Definitely on the watchlist for now.
I always wanted a Vauxhall Nova when i was growing up so if you have 1 for sale then message me as they are harder to find than gold dust haha. My dream car now though is a Porsche GT3 RS, What car did you want growing up? And what car would you have now? Here we can see a 3rd touch of our trend line as resistance which indicates that price will bounce and make a...
NZDJPY Still looking like an amazing short. If you got stopped out not a problem more trades are on the way! If you are still in this trade and you have not moved your stop loss to your entry do so now. I do feel we could push much lower.
NZDJPY Short Opportunty on the pullback off this 200 sma level.. this will further validate if the stock market continues to weaken.
The JXY (JPY Currency Index) started to show it's strength yesterday, meaning we could see further strength for the rest of the week. Paired with weak NZD I will sell this pair now. Another confluence for me is the double top on the H1 and the fact, that it didn't move up higher like the NZDUSD did.
Another decent setup. Price action is at a major level and we have nice bearish engulfing candle printed on the 4h chart which suggest either a decent pullback or trend reversal. I have gone short and marked the tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.
all details on the chart