NZDJPY is approaching an important zone of confluence on a daily. We see a perfect match between a horizontal structure resistance and 618 retracement of the last bearish impulse. To catch a bearish move from the underlined zone, watch a rising wedge pattern on 1H time frame. Your trigger to short will be its bearish breakout (at least an hourly candle close...
NZDJPY Setup / Analysis 🕐 4hr's Chart Key Technical / Reason's SHORT ——————————— What is our confirmation? - Breakout trendline and retest - Resistance Support level - Pressure zone - Pivot and MA rejection confluence - Ascending Pattern - Descending Pattern - The pivot zone - Demand Supply - Candlestick Patterns
Sell: NZD / CHF Sell limit: 0.60710 SL @ 0.69300 TP @ 0.60190 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
We are at top of regular correction. Looking sell ideas are good for us
NZD FUNDAMENTAL OUTLOOK: NEUTRAL BASELINE Despite the RBNZ being one of the most hawkish central banks from 2021, it hasn’t been enough to provide any meaningful trending support for the NZD. The cyclical concerns for the global economy, alongside concerns from China regarding their struggles with their covid-zero policy as well as recent big falls in...
On the H4, with price bouncing off to the ascending trendline, also, the momentum of red histogram is decreasing, we have a bullish bias that price may rise from the buy entry at 0.62053 where 50% fibonacci retracement is to the take profit at 0.63525 at the swing high, 61.8% fibonacci projection and 50% fibonacci retracement. Alternatively, price may reverse off...
Hey traders, in today's trading session we are monitoring NZDCHF for a selling opportunity around 0,60300 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
: At the bullish harmonic retracement areas, the levels expected to rise are determined on the chart...... The models fail to break the retracement areas by closing
DAILY: took support from lower Daily support, and created a hammer. price is stucked in this box, taking rejection from top (marked). can be longed here to test upper rejection Daily. Hourly: creating HH, HL from daily support. crossed its own Hourly Resistance as well. Entry taken at 84.00 when resistance was crossed. TP 1: 123.6 fib TP 2: 138.2 fib TP 3: 150...
Update from Previou count still expecting wave 4 starting wave is now a flat correction invalidation point on chart
NZDJPY - Intraday - We look to Sell at 84.26 (stop at 84.88) The medium term bias remains bearish. We are assessed to be in a corrective mode higher. Current price action faces resistance at the 50% Fibonacci retracement level of the 86.59-82.15 move. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our...
Hey traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.625 zone, once we will receive any bearish confirmation the trade will be executed. trade safe, Joe.
Hello,Traders! NZD-CHF is trading in a local downtrend Below a falling resistance line And the pair will soon retesting the resistance From where the price is expected to make a pullback And go down towards the target below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
GBP NZD LONG wave analysis regular flat support area range breakout price action
Hello,Friends! We can see that NZDJPY is about to fall Based on the current price action Overall, the market sentiment is bearish right now And I can see smart money entering shorts So we will sell too! Like and subscribe and comment my ideas if you enjoy them!
The NZDJPY on the 1-hour timeframe we have an impulse move on the downside direction. There is a base channel technique that can be incorporated to predict the end of the 4th wave pullback. The downside has more confluence on the 4th wave phase ( wave 4 touched the 38,2 fibonacci level and the base channel ).
Seeing the green candle top where it had previously topped, and then followed by a closed red candle signalled the downfall of the price- hence the jump in the trade.
Jumping on a short due to a h&s pattern forming. So far so good, the price is dropping.