Nzd-jpy
NZDJPY: a closer look Hi all...
this is a closer look of the idea I published before, of a short setup and as obvious, the price broke out from a triangle chart pattern which indicated that this is the best time/place to sell
more info about my targets for this trade here
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Check my idea's here: www.tradingview.com
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thank you
Good luck
NZDJPY ShortHere I will wait for the price to retest a local small resistance @71.230 or the bottom of the double tops @71.657 and then sell
tagets are
TP(1): 70.472
TP(2): 69.865
TP(3): 69.0
a stop-loss will be 72.127
Don't forget to leave a LIKE
Check my idea's here: www.tradingview.com
follow me to get the latest analysis daily
thank you
Good luck
Don't miss the great buy opportunity in NZDJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (70.60). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 60.
Take Profits:
TP1= @ 71.60
TP2= @ 72.30
TP3= @ 73.35
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 (70.60). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 60.
Take Profits:
TP1= @ 71.60
TP2= @ 72.30
TP3= @ 73.35
SL= Break below S2
Don't miss the great sell opportunity in NZDJPYTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (72.65). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 32.
Take Profits:
TP1= @ 71.75
TP2= @ 71.47
TP3= @ 70.00
SL: Break Above R2
Don't miss the great sell opportunity in NZDJPYTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (72.65). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 32.
Take Profits:
TP1= @ 71.75
TP2= @ 71.47
TP3= @ 70.00
SL: Break Above R2