On higher time frames we can identify which direction we're currently in. I'm entering due to market structure shift and change of character on our lower time frame (5 min). Around 90.577 there is liquidity which will be a target at some point and a supply zone. My entry @90.220, TP @90.577. Good luck!
Hello Guys, This pair created a swing low just above the weekly orderblock, it rallied inducing early buyers now it has retraced into the weekly orderblock. I like the look of the monthly & weekly timeframe structures and I'm biased that this pair will rally this month. Endeavor to keep this pair on your radar. Follow for more updates like this. Cheers, Jabari
✅NZD_JPY will soon hit A long-term rising support line While trading in an uptrend So we are bullish biased And we will be expecting A bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
4hr downtrend, 2hr supply entry into 4hr demand, 5:1 RR.
NZDJPY in declining phase with sell limit through fib (90.360), SL and TP 1 & 2.
Nzdjpy will continue with the trent until that previos support
Bearish Trend which is respecting the trend line. Looking to take trade at 0.38 Fib Level.
This Weekly FORECAST Opportunity for NZDJPY. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
I saw the pair bounce off a couple of times on that trend line. definetly, we hope for a buy trade safely leave your opinion on the comment trader ernest
price couldnt break below the zone highlighted below so im expecting price to go higher, to the zone or order block that started the move trade safely leave me your opinion in the comment trader ernest
We looking for buying opportunities as the market has broken the falling wedge resulting in confirmation of buys since the market is respecting the support zone-1H TIMEFRAME
OANDA:NZDJPY has broken a falling wedge, which is a bullish reversal pattern. Bullish divergence can also be seen at the last 2 lower lows, indicating imminent bullish price action!
Daily Chart Analysis: The daily timeframe for OANDA:NZDJPY shows a pair trading within an established uptrend, guided by a rising trendline. Recently, we have seen the price retrace to the 0.75 Fibonacci level at 90.679, which may serve as a potential launchpad for the next leg up. Above, an unfulfilled Fair Value Gap (FVG) looms, hinting at a target for...
✅NZD_JPY broke the rising Support and the breakout is Confirmed so after the pair Retests the broken support I believe we will see A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
I am observing the NZDJPYJPY pair and believe there are clear indications of a bearish trend continuing on the 4-hour time frame. A significant head and shoulders pattern has formed, with both the neckline of the pattern and a rising support trend line being breached. I predict a downward movement in the near future with target levels at 90.19 and 89.92.