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Nzd-jpy

NZDJPY inside a megaphone range 🦐 On the daily chart the market is inside a megaphone since 2018 and recently just hit the upper trendline where it started the downtrend. The price is now currently retracing and will probably hit the 0.382 at the resistance structure. If the market will give us bear signal at the resistance we can look for a possible short according to our rules. ––––– 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.
Short
by InkyGrip
1
ANALYSIS 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 hit its resistance and its trendline. But there is a support area close to it so one can wait for price confirmation. 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
by Ryan_lopes
NZD/JPY: POSSIBLE BREAK OUTHello Traders! Regarding NZD/JPY, we can note that the two indicators used to analyze this currency pair are good: - MACD line is ABOVE the SIGNAL line -> uptrend incoming - RSI shows no overbought signals - Huge bullish candle confirms our bullish thoughts I think that the price will break out and touch the new resistance. We cannot exclude a further increase so keep an eye on it! VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas. Please, maintain proper position sizing and risk management!
Long
by vf_investment