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Nzd-jpy

Small buy inside channel for NZDJPYHi guys. Hope you are having a wonderful week. Almost all pairs are running in CHANNELS in this market condition. So we have analysis on NZDJPY. The pair seems to be in a downtrend channel but is currently at its SUPPORT. Our analysis is that the pair will hit the support and will go to the RESISTANCE TREND LINE. One can take a buy call and close it as soon as you get a decent profit. Views welcome from all our fellow traders. Thank you. Ryan.R.Lopes
Long
by Ryan_lopes
1
Perfect buy entry in NZDJPY (D1 and H1)Hello friends. Here is an analysis on NZDJPY. As we can see in D1 the pair is going in descending broadening pattern and the pair is respecting every support and resistance points inside that channel. Currently the pair hit the support line and started going up. One can take a buy call from here. We have also posted another analysis of H1. As per H1 the pair is in descending triangle pattern and is close to its support level. Our analysis is that the pair will hit the support line in H1 and then break the triangle pattern and move upwards. Let us know your views guys Thank you. Ryan.R.Lopes
Long
by Ryan_lopes
1
Descending triangle pattern in NZDJPYAS per H1 the pair is in descending triangle pattern and is close to its support level . Our analysis is that the pair will hit the support line in H1 and then break the triangle pattern and move upwards. As we can see in D1 (link in description) the pair is going in descending broadening pattern and the pair is respecting every support and resistance points inside that channel. Currently the pair hit the support line and started going up. One can take a buy call from here Let us know your views guys Thank you. Ryan.R.Lopes
by Ryan_lopes
1
NZD/JPY Two Possible Scenarios by ThinkingAntsOk4H CHART EXPLANATION: - Price is on a downtrend after bouncing at the Resistance Zone. - It has now found Support at 70.00. - We have two possible scenarios here. - The long view, will be activated in case the Descending Trendline is broken to the upside. - The short view, will be activated in case the Descending Trendline can not be broken. - Will wait for price action confirmations before taking any position. DAILY CHART ANALYSIS:
by ThinkingAntsOk
1
NZDJPY | Rejected by Ichi CloudPlease support this idea with LIKE if you find it useful. Reason for a Short Position: Price made a breakout of the channel to downward with a breakaway gap. Currently price was rejected by Ichimoku Cloud resistance and Pivot point. ⚠️Always use Stop-Losses in your trades! (little recommendation - Choose your Stop-Loss in the way to get 1/3 Risk Reward ratio at least.) Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advice.
Short
by Anpu
NZDJPY | Double BottomPlease support this idea with LIKE if you find it useful. Initiate Long. Entry - 71.143 TP1 - 71.733 TP2 - 72.159 TP3 - 72.422 TP4 - 72.686 TP5 - 72.148 SL - 70.952 Reason: Price formed Double Bottom. Also broke resistance trendline. -Please consider to initiate a position on a confirmed breakout of 61.8% Fib level Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advise.
Long
by Anpu
7