Hello traders! ⁉️This is my analysis on NZDJPY . Here we can see that price broke the market structure, so I expect bullish price action as price filled the imbalance. The price is around institutional big figure 81.000 that it can be like a support level. Also we have news event about Cash Rate on NZD on Wednesday. If the rate is increased, it means strong...
To those who trade based on currency correlation, this is one setup you have to look at. On the surface, the NZDJPY and NZDUSD both have a Bullish Shark Pattern on the 1-hourly chart, but if you look closely at the 4-hourly chart, you will be able to see the future of these two pairs differs from one another. On the NZDJPY, the Shark Pattern is more direct, in...
We have a Bearish Dragon and a Gartley Bearish BAMM on the higher timeframes for NZDJPY. Yesterday i Attempted an entry on a Lower Timeframe but was unsuccessful; However, I still have a Higher Timeframe Bearish Bias and I will be maintaining my Bearish entry and even adding to it at this current price level for the Probability of Realizing the Greater Move down...
I will be taking this pair short as price has broken a major resistance area and has retested + respected that area as support. here is the play I will be taking on this pair: entry 0.77828 stop loss - 0.78246 41 pips take profit - 0.76879 94 pips
The NZDCHF pair is on a brutal 4 week sell-off having lost almost -8%. This is of course an extension of the longer term bearish trend since the March 2022 High. As you see that High was made at the bottom of the Lower Highs trend-line that started back on the April 2013 Top. The 1W RSI however is flashing the strongest buy signal possible on the long-term as it...
Hey traders, Here is our forecast on NZDJPY. NZDJPY is trading within a supply cluster. Based on our view the NZDJPY will dump. ❤️ Please, support our work with like & comment! ❤️
Hello, Friends! After some time of sending us mixed signals NZD/JPY is finally giving us a solid bearish bias And judging by the price action at the lower timeframes The pair is about to go down! SELL! ✅LIKE AND COMMENT MY IDEAS✅
You can buy at two specified targets With a close stop!
NZD/JPY in a strong downtrend in the last sessions had a Pullback, this retracement reach the 50% Fibo from the previous Swing where a confluence of the Dynamic trendline, plus the presence of the 50 Moving average can be a great point where place a sell position. The Stochastic is in the overbought scenario and all these clues make our idea strong for a Short position.
Why get subbed to to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates GBPNZD H16: buy/hold TP BULLS +500/+1000 pips...
On the H4, with the price moving below the ichimoku cloud, we maintain a bearish bias that the price may test the sell entry at 0.57707, which is in line with the 23.6% fibonacci retracement and then drop to the take profit at 0.55591, where the swing low and 127.2% fibonacci projection are. Alternatively, the price may break the sell entry and rise to the stop...
As you can see the EURNZD cross is trying to complete a triple top. I expect price to drop all the way down to 1.644, if we get the reversal to the downside.
Hello friends .Update analysis .Price movement based on analysis and pattern .TP1 & TP2 REACHED .This analysis is still active .You can view and compare the attached chart and analysis ..Follow me to see more analysis
Pair Name : NZD/CAD Time Frame : 4hrs Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money Key Technical / Long Side ( ) Type : Mid Term Swing ——————————— Bullish Reversal 0.78100 Area Reasons -...
NZDJPY is stuck on a key horizontal structure resistance. To catch a bearish move from that, watch 81.7 - 81.9 area. It is a horizontal neckline of a double top pattern. To sell with a confirmation, we need an hourly candle close below the neckline to confirm a breakout. Then shorting on a retest, our target will be 80.7 Remember, that the price may respect...
One of the Main Reasons GBP has been going down so much against the NZD is because the NZD has been doing much better against the USD than the GBP has, but now it looks like the NZD's momentum against the USD is fading; and that the USD's Strength against the GBP is also showing cracks. Therefore I believe the GBP will outperform the NZD on many fronts within the...
Long based on 21 8 ema cross, also coming off support area,
Hello . Important levels are identified based on the chart. An inverted head and shoulders pattern is observed 📢 Please follow your strategy, , this is just my idea .🙌Please do not forget the ' like' button & Share it with your friends .✍ I will be glad to see your ideas in this post .🧲Follow me to see more analysis