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Nzdjpy!!

BluetonaFX - NZDJPY Rising Wedge SHORT IdeaHi Traders! There is a rising wedge pattern on NZDJPY, which signals a possible reversal of the bullish trend we have seen over the past few months. Price Action 📊 There was an aggressive upside price rejection candle followed by a momentum break below the 20 EMA. This shows that there may be new waves of bearish volume entering the market. We are looking for a bearish break and a close below the support trendline. Fundamental Analysis 📰 New Zealand left their interest rates unchanged, and the dovish statement from the RNBZ has left the NZD under some selling pressure. Support 📉 87.094: PREVIOUS DAY'S LOW Resistance 📈 89.251: PEVIOUS DAY'S HIGH Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX
3
NZDJPY, Massive Triangle-Breakout, Pointing to Target-Zones!Hello There! Welcome to my new analysis of NZDJPY. In recent times it has to be mentioned that there are only a few forex pair setups that have such a bullish potential as I have spotted it with NZDJPY. This is why I detected all the important price actions, underlying dynamics, and upcoming perspectives that should be primarily considered with NZDJPY. In fact, NZDJPY already emerged with a main entry setup however the reward potential is likely to increase once NZDJPY completes the whole formation. The chart price-action is forming this important ascending triangle formation in which NZDJPY has the coherent wave count that is about to be completed within the upcoming times. Furthermore, NZDJPY has the main ascending trend line supports within the boundaries. The fact that NZDJPY is already building a breakout attempt with a bull flag on the local structures is increasing the scenario determination of the final breakout to emerge within the upcoming times. Once NZDJPY has formed the final ascending triangle breakout above the upper boundary this is going to point to the expansion origin and is going to activate two main target zones within the whole development, the first target zone is within the 93.5 area and the second target zone is within the 97.5 area. When NZDJPY continues with the established dynamics from there on it also has the further ability to bounce into a new all-time high direction above these zones. Thank you everybody for watching my idea about NZDJPY. Support from your side is greatly appreciated. "Don't look for the needle in the haystack. Just trade the haystack!" VP
by VincePrince
6
NZDJPY The Target Is DOWN! SELL! My dear friends, Please, find my technical outlook for NZDJPY below: The instrument tests an important psychological level 89.549 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 88.577 Recommended Stop Loss - 90.099 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
3
Beware of Shorting OpportunitiesAs we continue to analyze the market, it's become clear that avoiding bad trades is just as important as finding the next big one. This is particularly true when looking at the bottom 2 charts of NZDJPY's daily and weekly charts. On the daily chart, we can see that the Bearish Deep Gartley Pattern is over-extended, meaning it took longer than expected to complete the trading setup. As a result, the market may not respect the level and could bash through the resistance level. On the weekly chart, we also see that the Bearish Shark Pattern retest, doesn't give us an RSI divergence. Once again, the market may extend further before any significant retest. Despite all of this, if you're still interested in shorting the market, do it with caution. On the 4-hourly chart, waiting for the market to retest at the 90.03 level could attract price-action traders to jump in for the counter-trend move. Personally, I prefer to head in for a buying opportunity at the key support level of 89.05. My initial stop-loss would be at 88.67 (-38 pips) or approximately -380USD/lot. The first target is seen at 90.08 (+103pips) or approximately 1,030USD/lot. Remember, it's important to plan your own trade and never follow any trader blindly. Let's continue to monitor the market closely and make informed decisions.
Long
by RaynLim
NZDJPY 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 these 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 :-)
Short
by ShahedZare
NZDJPY - 4hrs ( Buy Trade Target Range 240 PIP ) Pair Name : NZD/JPY 🗨Time Frame : 4hrs Chart / Close ➕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 / Direction ( ❗️ Long ) Type : Mid Term Swing —————————— Bullish Break 87.500 Area Reasons - Major Turn level / W - Visible range lvn - Pattern Break out - D / W High - FIxed Range Pov Bearish Reversal 90.000 Area Reasons - Major Turn level / M - Visible Range / D lvn - PAttern Target - Fibo Golden - Quarter's Area
Long
by GoldenEngine
2
NZDJPY H4 | Bounce off 38.2% Fibo support?NZDJPY is trading close to an overlap support and could potentially bounce higher towards our take profit target. Entry: 88.283 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement level Stop Loss: 87.793 Why we like it: There is a pullback support that aligns close to the 61.8% Fibonacci retracement level Take Profit: 88.963 Why we like it: There is a swing-high resistance level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
1
NZDJPY Sell Setup A bearish trade opportunity recently presented itself on the kiwi-yen trading chart 📉. This is indicated by the bearish inverted pin bar just below the 88.957 horizontal resistance level. This shows a rejection of the same resistance level, with potential price move in the downward ⬇️ 👇 direction. Sufficient downward momentum should see price dumping towards the 86.000 psychological level and possibly testing the strength of the 85.715 horizontal support level. As always, please apply appropriate risk management. Happy trading! #NZDJPY #kiwiyen #shortsetup #bearishsignal #sell #trading #crosspair
Short
by charles-okoukoni
NZDJPY: Bottom forming, buy confirmed above the 1D MA50.NZDJPY is trading inside a Channel Down with the price rising after a bottom check in the past 20 days. The 1D technical outlook is neutral (RSI = 53.482, MACD = -0.002, ADX = 31.647) meaning that if this is a bullish reversal inside the Channel, there is still time to enter. The trigger signal will be a cross over the 1D MA50, that will be our entry and our exit an RSI reading of 65.00 and over. We estimate the target to be roughly under the 0.618 Fibonacci level so until the RSI hits 65.00 we will set the target accordingly near the top of the Channel Down (TP = 0.61850). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
NZDJPY Bullish after successful rebound.It has been a month exactly since we made this break-out signal on the NZDJPY pair: The price has made a successful rebound at the bottom (Higher Lows trend-line) of the Bullish Megaphone pattern. As mentioned our buy break-out signal was when the pair closed a 1D candle above the Lower Highs trend-line. That coincided with a closing above the 1D MA50 (blue trend-line) for the first time since August 02. Our first target remains 89.700 but we now set a second target as the peak of this run on the Fibonacci 2.0 extension at 91.350. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
NZDJPY 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 these 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 :-)
Short
by ShahedZare