Pair : NZDJPY ( New Zealand Dollar / Japanese Yen ) Description : Rising Wedge Pattern in Long Time Frame as an Correction and Breakout the LTL and Completed the Retracement Divergence Break of Structure Rejection from Fibonacci Level ( 61.80% / 78.60% ) Exp FIAT in Short Time Consolidation
NZDCAD 1H sideways entry on the breakout of support 2 & resistance 2 using buystops & sellstops
✅NZD_CHF went up to retest a horizontal resistance level Which makes me locally bearish biased And I think that a move down From the level is to be expected Towards the target below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
We are buying JPY and so are looking for good candidates. NZDJPY looked like a pair with good opportunity this morning so we have added this to our list with some exposure in this market this week. Checkout our NZDCHF trade idea too. Subscriptions to this channel for latest updates on this and other trade ideas
The NZDUSD pair is nearing the end of its corrective movement to retest the downtrend line from the 23.6% Fibonacci level, alongside the 100-period moving average on the 4-hour timeframe. I anticipate a bounce from this level, with the price heading towards 0.6150 as the first target and 0.6100 as the second...
Initially, NZD/JPY formed an Ascending triangle. We had 1 Confirmed break above, showing upside was coming. However, it was a fake out and a shakeout. Fakeout in a way that it spooked the buyers as the price went out. Shakeout as in Smart Money came in and sweeped liquidity (Buy side liquidity). This resulted in a major sell off... And so, the M Formation...
Price might look like it's bouncing off of a trendline support, but if you zoom out, it's actually a Bearish Flag. Trades are taken on this setup after a break of the flag to the downside.
NZDJPY - 24h expiry - We look to Buy a break of 82.50 (stop at 81.75) Previous support located at 82.00. Previous resistance located at 82.50. The selloff is close to an exhaustion count on the intraday chart. We expect a reversal in this move. A move through 82.50 will confirm the bullish momentum. Our profit targets will be 84.00 and 84.50 Resistance:...
Seems Liike Getting Ready For Massive Bearish Move Formed Ascending Channel In 3day Timeframe Incase of breakout expecting massive bearish move Expecting 800 to 1000 pips bearish move incase of breakout
Hi viewers, GBPNZD short bearish push technically expected TP1:1.93650 (100) TP2:1.93150 (150) TP3:1.92650 (200)
NZDCAD /1D Hello traders, welcome back to another market breakdown. NZDCAD is forming a 2 legged pull-back which might get a reaction from bulls next to a key level. Checkout the chart for what zone I'm watching for bulls to show up. Trade safe, Trader Leo.
Our doors will be closed for this remaining week, all open trades will be closed
Looks like NZDCAD could potentially develop into the next bullish up move on the lower time frame. From the previous, impulsive phase on the higher time frame, price begin to form into a larger consolidation, correcting the price. With a few swing highs and lows, we see price finally create a smaller descending channel within the larger correction. This is a...
Our first Major Target comes in at over 7.5r We are often asked what the concept of R or R:R means. Simplified it means for ever $100 RISKED we are looking to get back 7.5 times more, so therefore in the case of this trade we are looking for $750 for each $100 dollars that we are risking. Feel free to send us any of your questions that you have we are here to...
NZDCHF M Formation beautifully. Price broke below and showed strong downside to come. 200 > 21 > 7 MA RSI <50 Bearish Target hit at 0.5632 SMC Yesterday, there was a candle where there was sell side liquidity. This sweeped liquidity from shorters and sellers and now is the reason price is going up. We can expect chop for the next few days before we get a clear...
With capital and risk management, I planted an order for reward trading
With capital and risk management, I planted an order for reward trading
Looking at the H4 chart, Price is approaching the support level at 0.62054 which is overlap support. a reverse from here, price could push up to a resistance level at 0.6266 along with a 38.2% Fibonacci retracement. Stop loss will be at 0.6133 which is overlap support. Any opinions, news, research, analyses, prices, other information, or links to third-party...