Triangle I NZDJPYThe triangle is one of the main figures in technical analysis.
And it is also one of the figures with the highest success.
That is why we are happy when we have the opportunity to trade it.
Today we have such an opportunity again. This time at NZDJPY!
We are waiting for a break to make an entry!
Resistance levels:
74.11
74.29
The script fails when the previous bottom breaks.
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment! comments!
Nzd-jpy
NZD JPY SELL (NEW ZEALAND DOLLAR - JAPANESE YEN)Hi there. Price is forming a reversal pattern to change its direction.
These are the fundamental reasons for a possible NZD/JPY bearish scenario:
Sentiment shifts:
Bearish scenario:
A breakdown in US stimulus talks and a possible towards a government shutdown; FDA rejecting or postponing the approval of the Pfizer vaccine; a breakdown in Brexit talks with no deal by EU summit.
In this scenario we would expect to see downside in equities across the board, with US equities expected to fall more if we see US stimulus talks break down and more downside for EU equities if we see Brexit talks collapse and upside in the yen across the board.
Strong equity sell offs are usually accompanied with some support for the US dollar as the world’s reserve currency and with its safe haven status as well as Japanese yen and Swiss franc .
NZDJPY on a range 🦐NZDJPY on the 4h chart is ranging between the monthly support and the 74 level.
The price will possibly test the support at 73.700 area before starting a new impulse.
IF the price will break above the resistance area 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.
Like NzdUsd....this should be..Having more downside I feel...
Let's see..
#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!
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!
NZD/JPY potential swing shorti/we bought it on the way up TWICE : 1ST TIME
2ND TIME :
i mean YEN is highly IN DEMAND, i think it's only right i sell, just going to give it a shot . it was already rejected by the blue line like i was looking for, and it stood sideways for a couple days. May just be the order gather for the short in my opinion.
My entry 73.6
Tp1 73.15 & Tp2 72.75.. then maybe i give this an update
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
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
NZDJPY sees bearish divergence, more downside ! NZDJPY sees bearish divergence, more downside ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
NZDJPY sees bearish divergence, more downside !
NZDJPY sees bearish divergence, more downside ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
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.
NZDJPY TriangleYesterday's analysis was a triangle at WTI. Did you trade it?
Today we have prepared a very good looking triangle for you. Rarely does the price manage to maintain the levels of support and resistance so well.
Now we are just waiting for a break to make an entry.
The goals it has are:
72.93
73.28
73.76
To support us, like and comment!
NZDJPY- SHORT
ALL ANALYSIS ARE MADE USING ONLY PRICE ACTION, NO INDICATORS. MULTIPLE TIMEFRAMES ARE INVOLVED BEFORE TAKING A TRADE.
==> FIND THIS USEFUL?: LEAVE A LIKE AND FOLLOW
==> OTHER THOUGHTS?: COMMENT SO WE DISCUSS
==> PLEASE TAKE NOTE!! DO NOT SET LIMIT ORDERS. GET IN ONLY WHEN YOU GET THE GO SIGNAL FROM PRICE ACTION
FX:NZDJPY
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!