After the pattern breaks, the trend tends to fall..
I am looking at a retest on 84.500 mark and it looks like a great zone. what a zone this is.
We may get price to fall down to a 4-hour support level, Looking for some rejection off of trendline or resistance above.
Nice looking buy pattern here retest on daily looking like a nice correctional move up... Cup and Handle pattern possibly..
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis Based on our view the price will drop to the monthly level DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and...
1- See the caption inside the chart - Thanks 2- 3 time touch the trendline 3- re-tesst the base zone
The NZDJPY pair has completed an Inverse Head and Shoulders (IH&S) pattern as it continues to trade on the 1D MA50 (blue trend-line). Technically this is a bearish reversal pattern. With the 1D RSI on Lower Highs similar to the November 2021 - Jan 2022 sequence that printed a Lower Low, we are expecting a similar sell-off. Our first target is the 1D MA200 (orange...
Here is our technical view on NZDJPY. Our analysis is based on current market fundamental sentiment. According to our chart NZDJPY is coiling on resistance. Based on our analysis the price will dump to the next support level. Please, leave a comment and support us with like. ❤️ Please, support our work with like & comment! ❤️
#NZDJPY NZDJPY was slightly DOWN due to MARKET RISK OFF the previous day. But now we see that MARKET RISK is ON. We expect NZDJPY to go UP again. Anyway, the NZDJPY DOWNSIDE TRENDLINE is BREAKING UP again. That PRICE can fall back on that TREND LINE. After that, if MARKET RISK continues to be ON, you can definitely BUY at 86.88 LEVEL. For that, MARKET...
Monthly: - -68 Fib Completion - Decel - S&D zone where a lot off sellers can become active Weekly: - Decel - Bearish impulse to the downside - Not much that can stop the price Daily: - Bearish W - Never broke the wick high, more clearly on the 4H 4H: - H&S pattern - Went to the highest zone, waiting for Decel - -27 Fib Completion
✅NZDJPY bounced off the resistance level for the second time. This level is strong enough to expand the price. I expect a fall.✅ 🚀 SELL scenario: short to 83.432.🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Hello Everyone, I hope you'll Appreciate our Price action Analysis ! Our strategy is based on Swing trading with price action Analysis and Advanced Fibos tools. Please support our page by hitting the LIKE 👍 button to this Idea and Follow us to get NEW ONE! Feel free to request any pair/instrument analysis or ask any questions in the comment section below. If...
#NZDJPY in H4 Time Frame NZDJPY is looking to take more Bullish Moves in Bullish Channel if there is any breakout happened then , i will share new Update
1- Multiple Bullish Divergences followed by Convergence. 2- This presents a typical case of consolidation / pullback followed by further continuation to the UP side. 3- Range Breakout and Retest. 4- Strong Bullish candlesticks. As long as the bottom of the range holds my view remains Bullish. Target 1 @ 84.682 Target 2 @ 85.100 Protection @ 83.12