NZDJPY | DAILY SESSION | LONGLooking for a drive back up towards the VWAP. This might be a patience game but we have a good stoploss at 70.300
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Strong: NZD
Weak: JPY
This trade is valid until 09/07/2020 @ 9 pm BST.
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Nzd-jpy
NZD JPY - Long FlashcardNZD JPY - Long Flashcard
- Bullish trend
- Presented the same way as GJ (refer to previous flashcard)
- Double bottom formation off of 200 ema
- First leg presented with a RSI hook into the volatility bands
- Second leg came for the same low and presented an entry with a break plus close above 13 ema and RSI volatility band cross
- TP (could be at initial high of day but i moved stop to break even at that point) at RSI hook back into the volatility bands and cross signal line for 25 pips
- A close above the 50 ema could have also been used here for entry
Don't miss the great buy opportunity in NZDJPY Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (68.777). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 70.520
TP2= @ 71.104
TP3= @ 71.590
TP4= @ 72.650
TP5= @ 73.490
SL= Break below S3
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Don't miss the great buy opportunity in NZDJPY Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (68.777). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 70.520
TP2= @ 71.104
TP3= @ 71.590
TP4= @ 72.650
TP5= @ 73.490
SL= Break below S3
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NZDJPY SHORT TRADE SETUP FOR SWING TRADE.NZDJPY SHORT TRADE SETUP FOR SWING TRADE.
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
NZD/JPY Analysis Due to the fact that theres downward pressure on the higher time frame (4hr) I believe that bears are winning at the moment. Meaning I am looking for short positions. BUT, I need help understanding what to do if price is still over 200 EMA AND consolidating at a tested support zone. If my predictions are right, there will be a break of support, making a new LL, then price will retest the prior support, which is now resistance. Following the retest, price will then continue the downward trend breaking through LL making new LLs. Price is also forming a descending wedge. Adding confluence to the short position. Please, let me know what you think!
UPDATE!! SHORT NZDJPY inside a megaphone range 🦐After our last call on this pair the market hit exactly where we expected and went back down.
Now the market could give us another opportunity to enter.
IF the market will manage to break the structure in blue and close the 4h candle below it we can look for a nice short order according to our strategy.
For the one that already are in since our last call you go risk free on the trade.
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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 Plancton0618 strategy will trigger.
NZD going to re-test support at 66.3NZD show first signs of reversing from bear trend on grand scale. I expect it to come back to SR zone it broke out in the end of May. Strongest support at 66.3. Possible bounce a little lower or higher. Note that shorting in the same direction is not safe.
Support 67.6 / 66.9 / 66.3 / 65.65
Resistance 69.2 / 70 / 71.3 / 73.1
NZDJPY | Bearish Flag Breakout..!!NZDJPY (update)
In 4h Chart, NZDJPY Already Broke the Uptrend line & Now Forming Bearish Flag Pattern.
If Flag Broken Downside, Expecting 200+ PIPS Bearish Wave So Keep Your Eyes on it..!!
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!
Don't miss the great buy opportunity in NZDJPY Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (68.61). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 69.57
TP2= @ 69.76
TP3= @ 70.43
TP4= @ 71.13
TP5= @ 71.65
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in NZDJPY Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (68.61). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 69.57
TP2= @ 69.76
TP3= @ 70.43
TP4= @ 71.13
TP5= @ 71.65
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Sell trade on NZDJPYHello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, the price is inside descending channel. We are looking at a downside. One can take a sell trade.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So, let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
NZDJPY WEEKLY OUTLOOK JUNE 15-19NZDJPY is looking to fulfill an inverted head+shoulders pattern based on the 4H and lower timeframes. The markets reacted this week with the Federal Funds Rate being kept at 0.25% for the USD. The markets have reacted strongly to that decision and has showed signs of trend reversals/USD strength in most pairs. The criteria I am looking for regarding this pair is 1 of 3 things. A 4HR bullish closure above 69.600. Whether that be a bullish engulfing candlestick, bullish inside bar pattern, or a bullish pin bar candlestick. This should take this pair to 70.500, which would equate to about 90 or so pips. Patience is key.