NZDJPY is in bearish bias, it has broken the recent bearish market structure at 90.35 level. The price is now retracing back to the upside. There is an unmitigated strong point of interest (POI) at the 90.90 level, and it is advisable to wait and observe how the price reacts at this level. A bearish continuation movement is expected if the price reacts to this zone.
I am long NZDJPY at market SL: 90.09 TP: 92.77 I am only sharing my trades, not recommendation to enter the markets.
NZDJPY is in a downtrend. marking a trendline on lower highs indicates the price will either touch the trendline and reject from there or will continue its downtrend from here. therefore we can see for a potential short trade.
NZDJPY - 24h expiry The primary trend remains bearish. The sequence for trading is lower lows and highs. Rallies should be capped by yesterday's high. Preferred trade is to sell into rallies. Bespoke resistance is located at 90.60. We look to Sell at 90.60 (stop at 90.84) Our profit targets will be 90.00 and 89.85 Resistance: 90.60 / 90.80 /...
NZDJPY is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
The NZDJPY pair is on a Bearish Leg of the long-term Channel Up, below the 1D MA50 (blue trend-line) but above the 1D MA200 (orange trend-line), which is the long-term support. In fact the latter has been holding since June 02 2023. The minimum Bearish Leg decline within this pattern has been -3.77% so having almost completed this fall during the current...
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