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Nzd-jpy

NZDJPY Bearish Daily Outlook LONGTERM OVERVIEW: Bearish. - Price is at significant daily resistance level - Both RSI and MACD showing bearish div since April - Should price break below rising support, it will complete H&S pattern driving it down to the .61 Fib - MACD and RSI showing bearish Div since April Alternate View: Bullish should price break above and find support at 74.000 Resistance level. HOW TO TRADE: - Look for bearish opportunities at breaks and retests of major resistance levels on 4hr/1hr timeframes. - Watch for break of major rising support line to confirm further downside. and complete H&S pattern
Short
by akhena10fx
NZDJPY on a monthly resistance 🦐NZDJPY reaches the monthly structure at the 73 area. The price after the very nice impulse is now testing the structure. If the price will break above and close above the structure we will set a nice long order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger. Leave a comment that is helpful or encouraging. Let's master the markets together. Leave a comment that is helpful or encouraging. Let's master the markets together
Long
by InkyGrip
11
NZDJPY on a retracement move 🦐NZDJPY on the daily chart is moving nearby a monthly descending trendline, below an important resistance. The price after the strong impulse until the 72.600 area retraced to the 0.382 fib level and couldn't make new highs. IF the price will break and close below the support structure we can set a nice short order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger. Leave a comment that is helpful or encouraging. Let's master the markets together.
Short
by InkyGrip
4
NzdJpy....still bullish until maybe....There might be possibility of a reversal pattern of h&s on this pair. But if it doesnt form, likely more upside for this pair! #shadowingthebigboys #trading #forex If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Tradingview Disclaimer Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
by Shadowing_The_Big_Boys
NZDJPY running at +187 PIPS / 2.62% gain...are you in? we are!OUR STRATEGY EXPLAINED: The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. What is our strategy? Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term. The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc. This could be on your phone trading view app, or laptop of course. The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy... What does this mean? It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management. The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow. We just have to do what Percy does. Please see our related ideas below for more information to explain what we do and how it can help you.
Long
by RossTyler