NZDJPY has formed a head and shoulder pattern on the 4-hour time frame. 📉 Expectations: Anticipate the pair to re-test key support levels as highlighted in the attached chart. 📊 Trading Strategy: This trade is based on a combination of technical analysis and candlestick patterns. It's a long-term position, so ensure sufficient margin to manage market...
NZDJPY has formed a head and shoulder pattern on the 4-hour time frame. 📉 Expectations: Anticipate the pair to re-test key support levels as highlighted in the attached chart. 📊 Trading Strategy: This trade is based on a combination of technical analysis and candlestick patterns. It's a long-term position, so ensure sufficient margin to manage market...
We have been in a short bearish market characterised by lower lows and lower highs, which then got breached and provided us with a shift in structure. Looking for the one directional bullish movement to be corrected and for price to activate the order block for an opportunity to buy in this emerging bullish market. The initial risk is 20 pips and the target is 100 pips...
RSI BEARISH DIVERGENCE + The price is testing the ITZ. We can look for a short position with a reversal candlestick pattern
Hello,Friends! We are going long on the NZD/JPY with the target of 91.889 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
📉NZDJPY has developed a significant head and shoulders pattern on a 4-hour chart. The neckline of the pattern was breached and closed below. I anticipate a downward trend now, with a target set at 89.82.
NZDJPY formed a huge head and shoulders pattern on a daily time frame. We see a confirmed neckline violation, with a daily candle close below that. The pair may continue to fall. Next goal - 90.0 ❤️Please, support my work with like, thank you!❤️
NZDJPY is rising towards a pullback resistance, price could breakout and rise to take profit level. Buy entry is at 90.972 which is a pullback resistance that aligns closely with the 23.6% Fibonacci retracement. Stop loss is at 90.502 which is a level that lies underneath an overlap support. Take profit is at 91.842 which is a pullback resistance which also...
The 93.4 are it touched is a very strong suplly zone that has been retested after a long time of compressed rise. It looks like a fast drop when it gets out of the channel
Hi everyone, Technical Trader here. Awaiting confirmation on the Daily and (maybe Weekly) to see whether we can fill the Monthly candle stick wick. Price approached the yearly mark (Jan 2014) and was rejected. Clear Channel, but could it break? I've not got a bias on this one just yet, but I will be watching over the next few days.
The pair seems to have corrected nicely and may have found support for a swing to the upside again. RSI is oversold and price is at the bottom of the 4h upward trend line. The over all trend is also bullish.
NZDJPY am expecting down move for this week. Look for sell setup.
Hello Everyone, Despite the recent decline in NZD/JPY, higher timeframes ranging from 1 day to 1 year continue to indicate a favorable stance for a buy position. However, it's important to exercise caution at this juncture as the price is currently below the monthly, weekly, and daily pivot points, which have recently acted as resistance levels. Presently, the...
Hello traders! ‼️ This is my perspective on NZDJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I want price to make a retracement to fill the imbalance and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
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.