Bullish indications: HHHL Bullish flag break out. Resistance is broken at 91.825 Inverted hammer and bullish engulfer candles in 1 hr time frame. Bearish indications: Bearish divergence. Trade plan bias long @ 91.827 SL:91.636 TP1:92.029 TP2:92.198
OANDA:NZDJPY LONG position can be taken in the specified area There is no position before the area
Price has broken our support zone and hence i expect a continuous fall in price towards our 1st support level.
NJ currently experiencing an uptrend on a daily basis but has been going sideways for some time on the four-hour chart (h4). It is possible that NJ might look for the bottom yellow line before continuing its upward trend. However, ultimately, NJ is expected to move towards the North direction. The trades I made at this point are debatable, and this decision might...
NZDJPY has been in a bullish trend in an ascending channel. The market completed the AB=CD pattern. It might be time for retracement. Usually, the price makes a 1/3 pullback following the completion of the AB=CD pattern. We expect a sharp move down to retest the support 38.2% fibo level. --------------- Share your opinion in the comments and support the idea...
If the price returns to 91.85 and create double top pattern , the opportunity to sell in the New Zealand dollar-Japanese yen currency pair is expected.
nzdjpy is in sell area. So, now we need to look the opportunity to follow this pair going down. I´ll wait till end of the day, o possible tomorrow morning to put the sell order this friday evening. Good luck.
The NZD/JPY has recently attained a modest peak, indicating a potential retracement to the 90.76 level where substantial support is anticipated. Should the price successfully hold at this level, there is a strong likelihood of a significant upward movement. This is particularly noteworthy as Yen Futures are exhibiting notable weakness. Members, prepare yourselves...
NZDJPY Bearish idea, current trend is bullish but there is divergence, high possibility for retracement, entry level is break of neckline, stop loss and target mentioned on chart.
NZDJPY is making double top pattern according to historic data it will move down side when it break the highlighted support i will take entry and stop loss just above the resistance my trade plane mention in chart
The analysis of the pair signals an approaching correction around 800 points. In this connection my recommendations look as follows. Recommendations. 1. Close all medium-term long positions right now and start short positions. 2. Pay attention to the swap on short positions at your broker. 3. Get into a short position from the following levels: 92,28; 92,60 4....
Base on daily structure, it is possible for this pair to make a downtrend. However, I need to further checking at the LTF to see the detail structure.
Audusd is at strong support I will look for buy to the next resistant
NZDJPY Sell as rejected after retesting of the trendline. TP and SL are marked. Always follow risk management. Move SL to Breakeven after 50 pips in profit
OANDA:NZDJPY A short position can be taken on the specified levels There is no position before reaching the surface On the first level, you can enter only by seeing the hammer candle
simple price action at support level ' buy side liquidity will be swept then price will use the OB to continue down