Nzd-jpy
NZD JPY Long as long as channel holds Is this the start of a shadow channel
a channel that trends below the major level
These are fun to trade and profitable the next few days will confirm
In the meantime we shall stay long until we have a break
NZD/JPY SHORT & BEAR PLAY NZD/JPY has been on three months ascending channel but luck ran out for the bulls as the market broke out of the channel after meeting strong monthly resistance, the market broke out and retested with a long bearish candle on the daily TF with the 200 EMA crossover to the downside. Reasons for shorting this pair;
1. Ascending Channel Break
2. A retest of the channel
3. 200 EMA cross over to the downside
SHORT NZDJPY Approaching Resistance, Potential Reversal!NZDJPY is approaching its resistance at 75.44(61.8% Fibonacci extension , 38.2% Fibonacci retracement , horizontal pullback resistance) where it could reverse down to its support at 74.92 (61.8% Fibonacci retracement , horizontal overlap support).
Stochastic (21, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected. Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDJPY Approaching Resistance, Potential Reversal!NZDJPY is approaching its resistance at 75.44(61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback resistance) where it could reverse down to its support at 74.92 (61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (21, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
Nzd jpy short :)Hello
Trend been broken and will re-test it and going down towards 38 fibo after reaching 61 fibo
Keep it simple
NZDJPY - LongKeep an eye out for this pair, possible opportunity to go long. Wait for confirmation on the majors, and on the candle sticks.
NZDJPY at the bears table againAfter the loss on that pair from my analysis of March 16 2019, the pair moved in the direction expected. It has retraced form the low at 75.460 and is now retesting 76.000 zone.
That zone used to act as support and now is turned into resistance. if the pair fail to break the resistance, I see it make a new bearish leg to 75.150 - 75.300.
Safe Trading!
NZDJPY Potential ShortResistance found around 76.300 Region , Respecting the Resistance with a retest of the high's.
A Break of the weekly trendline will indicate a powerfull move to 75.000.
Stoploss can be placed higher to around 76.5-76.7 to have a more breathing room for your trade.
NZDJPY approaching resistance, potential drop! NZDJPY is approaching our first resistance at 76.62 (horizontal swing high resistance, 100%, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 75.22 (horizontal swing low support, 50% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
NDZJPY SHORT - PRICE ACTIONDaily trend line has had a break retest to the downside.
good weekly and daily confirmations for both sell zone and tp zone. Market behaviour would mean timing is good for entry.
sell stop scale where price reacts with large engulfing candles on the higher time frames, leading us to believe there are large quantities of supply.
No scale outs, breakeven only all up's left to run. will close before weekend
NZDJPY Buy SignalPattern: Ascending Triangle on 1D.
Signal: Bullish after the price made a Higher Low.
Target: 76.500 (1D Resistance Zone).
NZD JPY Short The Breakout You have got love a good old strong trend breakout ,
The strength of the drop ,
The retest
The Pips ,
We are short , are you ?
NZDJPY BUYTechnical Analysis:
This is a riskier trade than usual, price has already reached 100% but has not closed beneath it. These trades offer the best risk to reward ratios but should be used sparingly and only entered with small risk and one position. But another reason I took this trade is because the NZD and AUD correlation looks to be bullish according to the setup.
Confirmations:
- Break above the consolidation and all previous highs to the left on the 1h
- Fib Pullback into kill zone
- Price did not close beneath the 100% level
- AUD & NZD bullish bias
For a more in depth article visit: esoterictrader.com www.esoterictrader.com
NZDJPY approaching resistance, potential drop! NZDJPY is approaching our first resistance at 76.62 (horizontal pullback resistance, 100%, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 75.22 (horizontal swing low support, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
NZD JPY SELL (NEW ZEALAND DOLLAR - JAPANESE YEN)Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
NZDJPY approaching resistance, potential drop! NZDJPY is approaching our first resistance at 76.62 (horizontal pullback resistance, 100%, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 75.22 (horizontal swing low support, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDJPY approaching resistance, potential drop!NZDJPY is approaching our first resistance at 76.62 (horizontal pullback resistance, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 77.22 (horizontal swing low support, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
