Keeping an eye on this pair in the coming session for major confirmation before taking the sell. As you can see, we are at a critical level with a confluence at the 61.8 fib retracement level. We got initial confirmation with the MACD and RSI divergence. Looking out for a potential price action candle pattern to confirm the move. Eyes on this pair.
NZDJPY Waiting for sell after 3rd Touch Confirmation sell
NZDJPY reached critical 0.786 daily fib level, which is a very strong resistance level. We have a nice bearish RSI divergence in the daily chart. Risk reward ratio is good ( risk 1 get 3.4 )
Downtrend line broken. JPY has been weaked for whole week. i guess next week will fall back to the bullish zone and continue the uptrend journey.
Let's See. Cool Traders
NZDJPY 1H 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...
NZDJPY H4 -Strong Resistance -Need candle confirmation =Sell signal
Hello traders! This is a Tag&Go setup short, a sell stop order, set and forget style is right on the red line at 69.415 The red circle is the stop and 1st and 2nd targets are in green below. Best, Jay
Hello traders! This is a Tag&Go setup short, a sell stop order, set and forget style is right on the red line at 69.580 The red circle is the stop and 1st and 2nd targets are in green below. Best, Jay
China Threatening to retaliate due to hong Kong bill and sell signals every where makes this short straight forward
NZDJPY bounced off 69.261 where it could potentially rise further to 69.630. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Hello traders! This is a Tag&Go setup short, a sell stop order, set and forget style is right on the red line at 69.522 The red circle is the stop and 1st and 2nd targets are in green below. Best, Jay
Let's see if this plays out this week. Good luck, FIBZ
Hello traders! This is a Tag&Go setup short, a sell stop order, set and forget style is right on the red line at 69.036 The red circle is the stop and 1st and 2nd targets are in green below. Best, Jay
NZD/JPY SELL limit ENTRY 1 69.863 ENTRY 2 69.924 sl 70.039 TP.1 69.620 TP.2 69.340 TP.3 69.024
Hi guys, After a successful short trade based on Trend line a couple of days ago price action is coming to the zone once again. Similar setup to the previous one and planning to go short from the trend line and my tp is around that support zone. The trade will only be valid if we see bearish engulfing candle at the trendline. Otherwise no trade shall take place...