NZDJPY BULLISH POTENTIAL Harmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
NZD (New Zealand Dollar)
NZD-JPY Local Short! Sell!
Hello,Traders!
NZD-JPY is about to retest
A horizontal resistance level
Of 87.000 after a gap down
And a bearish breakout so
After the retest happens a
Local bearish pullback
Is to be expected
Sell!
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NZD/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are now examining the NZD/JPY pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 88.996 level.
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GBPNZD Approaching Key Resistance – Potential Sell SetupOANDA:GBPNZD is approaching a critical resistance zone that has previously attracted strong selling interest, making it a key level to watch.
If rejection signals appear, such as bearish engulfing candles or increased selling volume, I anticipate a move toward 2.19900. However, if the resistance fails to hold, it may open the door for further upside.
This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in.
Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments.
Best of luck , TrendDiva
NZDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.82400 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.82400 support and resistance area.
Trade safe, Joe.
NZDJPY Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for NZDJPY below:
The instrument tests an important psychological level 87.296
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 87.875
Recommended Stop Loss - 87.011
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
GBPNZD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
GBP/NZD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
GBP/NZD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 2.158 area.
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NZD/JPY At The Best Place To Buy It And Get +250 Pips !The price at a very interesting area to buy it , it`s an old support , it pushed the price very hard last time , so i will enter a buy trade with 250 pips target if i have a very good 4H Closure !
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.
NZD/JPY +85 Pips 0 Drawdown , New Entry Valid If You Missed !Our trade running in +85 Pips 0 Drawdown Profits , and we have a very good bullish price action , so as i mentioned in the chart we have a very good place to add a new entry , so we should wait the price to go down a little and then we can the new entry with the same targets .
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.
Gold (XAUUSD) 1H Chart Analysis: - **Breakout Confirmation**Gold (XAUUSD) 1H Chart Analysis:**
- **Breakout Confirmation:** Price has broken above a key resistance zone, indicating bullish momentum.
- **Retest Zone:** A potential retest of the breakout area may confirm support before continuation.
- **Targets:**
- **1st Target:** 2,772 zone.
- **Last Target:** 2,783–2,784 zone.
- **Market Structure:**
- Multiple **Break of Structure (BOS)** and **Change of Character (ChoCh)** signals bullish strength.
- Rounded retest pattern supports a continuation towards the targets.
- **Key Watchpoint:** If price holds above the breakout zone, the bullish move remains valid; otherwise, a failed retest could lead to a pullback.
NZDJPY at Key Support Zone: Potential Buy OpportunityOANDA:NZDJPY is approaching a key demand zone between, marked by historical price reactions and clear buying pressure in the past. This zone aligns with a strong support level where buyers previously regained control.
The current market structure suggests the potential for a bullish reversal if price action shows a clear rejection from this demand zone. A possible confirmation could be in the form of bullish candlestick patterns, such as a bullish engulfing candle or long lower wicks. If buyers step in at this zone, I anticipate an upward move toward the 88.180 level, which represents a logical target within the current market structure.
Key considerations:
Wait for clear rejection signs at the demand zone before entering long positions.
Manage risk carefully, as a break below the zone could signal further downside potential.
NZD-JPY Bearish Breakout! Sell!
Hello, Traders!
NZD-JPY is going down
Now and broke the key
Horizontal level of 87.700
Which is now a resistance
And the breakout is confirmed
So we are locally bearish biased
Now and we will be expecting a
Further bearish move down
Sell!
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NZDUSD to remain mixed?NZDUSD - 24h expiry
Pivot support is at 0.5640.
Risk/Reward would be poor to call a buy from current levels.
Short term RSI has turned positive.
A move through 0.5675 will confirm the bullish momentum.
The measured move target is 0.5750.
We look to Buy at 0.5640 (stop at 0.5610)
Our profit targets will be 0.5725 and 0.5750
Resistance: 0.5675 / 0.5700 / 0.5750
Support: 0.5640 / 0.5625 / 0.5600
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
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NZD-CHF Risky Long! Buy!
Hello,Traders!
NZD-CHF is trading along
The rising support line and
We are already seeing a
Bullish rebound after the
Retest of the rising support
So we are locally bullish
Biased and we will be
Expecting a further
Bullish move up
Buy!
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Bearish drop off pullback resistance?NZD/USD is reacting off the resistance level which is a pullback resistance that aligns with the 38.2% and the 61.8% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.5657
Why we like it:
There is a pullback resistance that lines up with the 38.2% and the 61.8% Fibonacci retracement.
Stop loss: 0.5672
Why we like it:
There is a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Take profit: 0.5637
Why we like it:
There is a pullback support level.
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GBPNZD: Bearish Continuation & Short Trade
GBPNZD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell GBPNZD
Entry - 2.1991
Stop - 2.2074
Take - 2.1842
Our Risk - 1%
Start protection of your profits from lower levels
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