Take 1% risk from your capital , Once market Move Half way , you have to make the stop loss to its entry point , This will be1:2 risk reward ratio , You can also close 50% trade once it reach 1:1 then the rest of the position you can close once trade reach 1:2
NZDJPY is rising towards the pullback resistance level and it might breakout of the resistance and climb to take profit level. Entry: 91.808 Why we like it: There is an pullback resistance. Stop Loss: 90.978 Why we like it: There is a pullback support which aligns with 61.8% Fibonacci retracement. Take Profit: 93.327. Why we like it: There is a swing-high...
JPY is still strong and it seems NZD is loosing value, 4h is overbought and 1h trend has become bearish and has teste the top the trend line. Price is below MA's and has had a bearish cross.
This is my Setup to go Short on NZDJPY on 1 Hour time-frame. So let's see how market behaves. Remember to look for LTF confirmation before taking order.
My dear subscribers, NZDJPY looks like it will make a good move, and here are the details: The market is trading on 91.313 pivot level. Bias - Bullish My Stop Loss - 90.950 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish ) continuation. Target - 92.129 About Used Indicators: The average true range ATR plays an...
Hello all! The big bullish divergence combined with demand zone on the 1H Timeframe. After closing a big bullish candle we could have a look for a entry. Please consider this only like an idea.
It is based on indicators, on H4 and daily S/R. It is no financial advice. I am not a profi.
Hello Traders! This is my idea related to NZDJPY M30. I expect to see a bullish move until the price of 91.600. The JPY Basket is still bearish and I consider this argument an opportunity to look for a long entry on NZDJPY. Mos probable the price will hit the OB level. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this...
The NZDJPY has formed a reversal on the daily chart and is targeting the support which is a 250 pips high probability trade.
NZD/JPY has broken below a potential breakout level and could drop lower from here. Sell entry is at 91.126 which is a potential breakout level (wait for the current 1-hour candle to close below 91.126 for confirmation of the bearish breakout). Stop loss is at 91.450 which is a level that sits above a pullback resistance. Take profit is at 90.605 which is a...
NZDJPY: Descending channel - Very Risky Price completed a "Descending Channel" and so far we can also see a bullish breakout. It is very risky as forecast because JPY pairs are moving these days anyway it can work well as it is in line with the big trend. Strong resistance zones will be found near 91.55 and 91.75 Do your work before initiating any trade! ...
As we can see that double bottom pattern has been formed at the daily AOI on NZDJPY after the break and retest of the neckline we can look for buying opportunities. TP1 - 92.653 TP2 - 93.372
We have broken this structure now we except updrend to fill the Imbalance up.
This analysis highlights a potential bullish opportunity emerging from the convergence of three significant technical indicators: Broken and Retested Resistance: The price level at ~91.148, which previously acted as resistance, has been decisively broken and subsequently retested. This retest transformed the resistance level into a crucial support zone,...
NZDJPY is forming a double bottom reversal pattern with a bullish divergence which shows that there are chances that the price may go up when it breaks the previous lower high. We'll put the buy stop at the point with proper stop loss and take profit.
I really don't know which position to take, as it is an uptrend but has formed a bearish H&S Pattern on the 4hr timeframe. Probably lower time frames will give better insights but I will also support suggestion. Thanks
this is my bullish technical idea and price action analysis. now wait for come previews support and resistance zone after trend continue to uptrend you can entry. because overall uptrend. you can see it. however, this is my opinion only no more signal.