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 pair is in Symmetrical triangle. Wait for the breakout.
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
Nzd-jpy
NZDJPY - LONGWatch price action at bottom of triangle for long. Price may break the flat bottom thus creating an expanding formation
Safe entry:
Wait for price to create a reversal pattern near the bottom - Some sort of price action where you can draw a descending trendline on the lower time frames. Enter on breakout of trendline
NZDJPY CLOSE TO DESCENDING TRIANGLE BREAKOUT Hello 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, NZDJPY is currently inside Descending Triangle and is close to a breakout. There are two possibilities as shown. So one should wait for the breakout.
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 UPDATE This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
NZDJPY With a Beautiful .786 Fib RetracementLet's do some fib scalping today. Here on NZDJPY we can see a nice fib retracement going back all the way to the .786 level. When you trade a retracement here you'd want to go long on any of the major fib levels. The lower level you pick the better risk reward you're getting as the expected upside increases significantly relative to the expected downside.
We've seen a confirmation of the .786 level here with a beautiful bounce and now the price is hovering around the .618 level. The price has been here 3/4 times already before in the past day.
I am going to put a long position here with a stop loss directly below the .786.
Enjoy!
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
NZDJPY Price has retested trend line will it break bearish? This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
NZDJPY technically based forecast
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💡 NZDJPY technicaly based idea, we can see price is bounce from bottom trend line , candels formation is strong bulish, technicaly indicators showing we can expect higher push up in price exepcting push till top trend line , NZD the strongest currency currently, JPY one of the weakest.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
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CRUCIAL POINT FOR NZDJPY AS ITS CLOSE TO RESISTANCE Hello 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 that the pair is close to its resistance, the pair has been going up since retesting the support line. One can wait for 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
NZDJPY trend line break BUY?this pair just broke my trend line which has been acting as resistance for over a week now.
we can try a buy of this pair to fill the gap that we can see on the left.
You have to be careful because we are on a big level (65.470) as we can see it has bounced 6 times on it for 2 weeks. if it breaks this line with force then this would confirm my analysis.
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NZDJPY Trade For Short Side.NZDJPY has shown a failed ascending triangle pattern which was form at its bottom. Correction of pair from its bottom which can be interpreted as correction has completed and it may resume it downtrend from current price level. So can be traded on the short side from the resistance zone level in the NZDJPY pair.
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Sell on NZDJPY after making a triple top.Hello my fellow traders. Here is our analysis on NZDJPY. We have uploaded a Weekly chart in our comment section with support and resistance. As we can see that there is a triple top formation on the H1 Timeframe. So our analysis is that the pair will fall till the support or till the trendline is hit. The trendline which was the resistance earlier, is now support for NZDJPY.
Let us know your views on this in the comment section. Thank you all.
There is a good news for our followers. We will be doing analysis 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
Don't miss the great buy opportunity in NZDJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (64.82). 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 67.
Take Profits:
TP1= @ 65.90
TP2= @ 66.60
TP3= @ 67.85
SL= Break below S2
Don't miss the great buy opportunity in NZDJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (64.82). 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 67.
Take Profits:
TP1= @ 65.90
TP2= @ 66.60
TP3= @ 67.85
SL= Break below S2
NZDJPY Tranding In Range Bound.NZDJPY is trading in upper part of channel if the resistance of channel breaks we might see further upside in NZDJPY if it rebound from resistance line we may see further consolidation in upper part of channel and then upside breakout in NZDJPY.
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