Pair : NZDJPY ( New Zealand Dollar / Japanese Yen ) Description : Rising Wedge as an Correction in STF Completed " 123 " Impulsive Waves RSI - Divergence SMC - CHoCH Break of Structure Impulse Correction
Pair : NZDJPY Direction : Short Result : +0.5%
H4 - Price respected a key resistance zone and is bouncing lower. Uptrend line breakout. Lower lows. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
We're approaching a key area on the chart that holds massive potential. It's the Monthly SUPPLY/SELL zone, a zone that emerged in 2020 during the chaos of CV when we witnessed an incredible near 1000 pip spike in just minutes, reaching an astounding 2.17. While revisiting those levels may be unlikely, we have a great short opportunity. Here's what I want to see...
Here is my analysis for NZDCHF on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my analysis for GBPNZD on H4 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
On GBPNZD, after a short setup, the price has entered a box drawn on the H4 chart with a strong reaction. Here, the price could reverse, which is why I have set a long trade with a target at 2.0650 and a stop loss at 2.0490. I would like to point out that on the M15 timeframe, the price has formed a bullish candlestick pattern with a retracement to the 50...
Hello traders! ‼️ This is my perspective on NZDCHF. Technical analysis: After the change of character here price started to form lower lows and lower highs, so I am looking for shorts. I want price to fill the imbalance higher and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
We're seeing price test a key 78.6% Fibonacci projection + an overlap resistance. We could see a reversal from here that could take prices all the way down to slightly above the 23.6% Fibonacci retracement at 0.8177. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third...
Price is approaching a key overlap support where there is a 127% Fibonacci extension and a 78.6% Fibonacci retracement. We could potentially see a bounce from here to take prices back up towards the key overlap resistance at 1.7625. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider...
The NZD/JPY currency pair has been exhibiting a consistent upward movement within a bullish channel. This upward trajectory has been punctuated by multiple instances of the price rebounding off the dynamic trendline. As a result, our bias remains strongly inclined towards a new long trading opportunity.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDJPY is moving in an ascending channel. The market has reached the major resistance level. The market created a divergence at a major resistance zone. The price is near the 89.000 psychological level, and if it rejects the level, then we might see a massive drop from it
NZDCHF has experienced a reversal at a support level formed on the hourly timeframe. Additionally, an expanding channel has been identified as another significant structure. The current market price has confirmed a bullish breakout from this expanding channel, indicating the potential for a rally towards the swing high around 0.56500.
NZDUSD - 24h expiry Trend line resistance is located at 0.6160. Price action has continued to trend strongly higher and has stalled at the previous resistance near 0.6160. We expect a reversal in this move. Momentum is flat, highlighting the lack of clear direction. A move through 0.6130 will confirm the bearish momentum. We look to Sell a break of 0.6125...
Gbpnzd supply trade Target is next key level to the downside.
GBPNZd is pulling away form the trapped bulls high up form last week with eyes on last week's lows and last month's lows for the week ahead.
For Kiwi, the RBA will be key but technically, the pair is testing last week's highs and there are prospects of a reversion to the trendline.