NZDJPY potentoal short soon4 hr chart of nzdjpy, potential short when price consolidates forming a rising wedge which is a reversal pattern.
daily time frame also showing to be oversold with stochastic,
Nzd-jpy
NZDJPY approaching support, potential bounce!NZDJPY is approaching our first support at 74.49 (horizontal swing low resistance, 100% fibonacci extension, 61.8% fibonacci retracement) and a strong bounce might occur below this level pushing price up to our major resistance at 75.20 (horizontal swing high resistance, 61.8% fibonacci extension).
Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
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EURCAD Bounced Off Support, Potential For A Further RiseEURCAD bounced off support at 1.5095 (100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing low support) where it could potentially rise further to its resistance at 1.5304 (38.2% Fibonacci retracement , horizontal swing high resistance).
Stochastic (55, 5, 3) bounced off its support at 1.8% where a further rise could occur.
EURCAD Testing Support, Potential BounceEURCAD is testing its support at 1.5094 (61.8% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 1.5225 (23.6% Fibonacci retracement , horizontal swing high resistance).
Stochastic (21, 5, 3) is approaching its support at 5.3% where a corresponding bounce could occur.
EURAUD Approaching Resistance, Potential ReversalEURAUD is approaching its resistance at 1.5981 (100% Fibonacci extension, 23.6% & 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 1.5877 (61.8% Fibonacci retracement, horizontal overlap support).
EURNZD Approaching Resistance, Potential ReversalEURNZD is approaching its resistance at 1.6886 (100% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 1.6770 (61.8% Fibonacci retracement, horizontal overlap support).
NZDJPY - Breakout From The ChannelHey followers and other TradingView users!
NZDJPY have made a breakout from the short-term upwards channel.
We have a confirmation on the 1H timeframe where it got a close below both EMA's 100&200.
We have also a confirmation close below the channel on 4H timeframe, plus there it ended up with bearish Engulfing candlestick pattern!
If You enjoyed my idea then kill, smash and destroy the "LIKE" button!
Thank You for your support, I really appreciate it!
CHEERS!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
NZDJPYVery nice respect of the trend zone. Testing the 200 EMA and if we see a nice push upwards the 8 EMA will cross the 18 MA. Also testing major support.
I'm long for now, already entered.
NZDJPY LONGLow risk trade, tight SL if wrong. Ratio of around 5. Would expect upside movement to 75.00 and then possibly fall back to the 72.00.
EURAUD Bounced Off Support, Potential For A Further RiseEURAUD bounced off its support at 1.5886 (61.8% Fibonacci extension, horizontal overlap support) where it could potentially rise further to its resistance at 1.6037 (23.6% Fibonacci retracement).
Stochastic (55, 5, 3) is testing its support at 1.1% where a further rise could occur.
EURUSD Bounced Off Support, Potential A Further RiseEURUSD bounced nicely off its support at 1.1489 (38.2% & 23.6% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 1.1567 (horizontal swing high resistance).
Stochastic (34, 5, 3) is bounced off its support at 3.2% where a corresponding rise could occur.
EURCAD Approaching Support, Potential BounceEURCAD is approaching its support at 1.5094 (61.8% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 1.5298 (38.2% Fibonacci retracement , horizontal swing high resistance).
Stochastic (21, 5, 3) is approaching its support at 5.3% where a corresponding bounce could occur.
EURGBP Approaching Resistance, Potential ReversalEURGBP is approaching its resistance at 0.9060 (61.8% Fibonacci extension, 76.4% Fibonacci retracement , horizontal swing high resistance) where it could potentially reverse down to its support at 0.8951 (100% Fibonacci extension , 38.2% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
NZD/JPY : Wait For Breakdown !!SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
EURCAD Approaching Support, Potential BounceEURCAD is approaching its support at 1.5094 (61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.5298 (38.2% Fibonacci retracement, horizontal swing high resistance).
Stochastic (21, 5, 3) is approaching its support at 5.3% where a corresponding bounce could occur.
EURUSD Approaching Resistance, Potential ReversalEURUSD is approaching its resistance at 1.1514 (100% Fibonacci extension x2, 50% Fibonacci retracement , horizontal swing high resistance) where it could potentially reverse down to its support at 1.1397 (61.8% Fibonacci extension , 50% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
EURGBP Approaching Support, Potential BounceEURGBP is approaching its support at 0.8934 (61.8% & 100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.9057 (76.4% Fibonacci retracement, Horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching support at 2.5% where a corresponding rise could occur.
EURUSD Approaching Resistance, Potential ReversalEURUSD is approaching its resistance at 1.1514 (100% Fibonacci extension x2, 50% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 1.1365 (100% Fibonacci extension, 50% Fibonacci retracement, Horizontal swing low support).
Stochastic (34, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
NZDJPY meltdownJPY stayed strong despite the fact that we're in the last week of the year, causing NZDJPY to keep on dropping supporting my first idea which was inclined on the selling side. We will eventually see a bullish correction after NJ touches the 78.6 aka daily trendline.
NZDJPY Strong bearish momentumAfter breaking the bullish trend, NZDJPY is going through a strong bearish movement, breaking all my S/R and fib levels.
Looks like it wants to reach the 78.6 level which is my trendline retest area.
