New Zealand Dollar / Japanese Yen NZDJPY

FX:NZDJPY This is my technical view of NZDJPY, after this long bullish run and a time of consolidation. The price break the bullish trend chanal to the downside what will give us a comfirmation to go short on this pair. I will set 3 positions with diferent targets. Let see how it playes out.

After seeing 2 bearish weeks at resistance our bias has changed to bearish for NZDJPY. Ideally we would like to see a retest of resistance and sell signal to go short.

Rising Wedge

KingJeff said so

This pair is trying many days to make new higher highs and is aggressively rejected by bears.. Now bears are in the game and price is probably going to the next "serious'' demand area. Short the pair with a nice risk/reward ratio

On the left we can see a potential H&S in the making, but obviously it is very premature. There are a few reasons though for me to assume it is a realistic option. At the high we can see a gap up that got sold of quite big with to big red daily candles. This is a sign of weakness and shows there is a potential high set. When we zoom in, i will get in with 50% of ...

NZDJPY is facing an opportunity to start a new swing on daily chart. RSI DIV and bear signal on daily chart now/ The new swing is expecting with 350 pips to come. Less is more!

Wait until Monday when the price completely break the neckline

THIS IS NOT A TRADING ADVICE!!! INFORMATION HERE WILL BE USED FOR A FUTURE AI Expected to see one more drop till point D, if this happens pattern will be completed. LE and TPs are marked on the chart.

NZDJPY Trading Bias: Short Technical Strategy: Head and Shoulders

Head and shoulders formattion Go short !

Iam buying NZD/JPY at 78.000, with target 78.200.

Wish everyone who try to short a pair from current a lot of success and joy!

After completing its bear cycle, NZD/JPY is in a bear cycle now. We expect the last leg of the corrective wave, wave 3, to commence from here. Hence traders can rollout shorts from here.

head and shoulder

NJ 70 pips fill the gap and Cup & Handle Pattern continuation as part of UJ Seasonality opening bell.

Just my opinion based on my trading method. I trade every post i make with real money :)

Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell. We are already at the top.