NZDJPY
TRADE IDEA FOR NZDJPY FOR NEXT WEEK FX:NZDJPY
As seen on the chart on the 4hr time frame we can see former support turn to new resistance as price is retesting that area again and we could anticipate that price could continue to push back up and we could find our entries and continue to trade with the trend.
but if price breaks below 84.083 then we can say that price is now bearish
What do you think?
NJ D Bullish Idea 1/29/23NJ has a lot going on right now. But it is creating a rising wedge on the Daily time frame. So for one trade this week I am looking for price to break the resistance zone, retest it, and continue to take out 12/13/22 highs. This area is also the 2022 highs for NJ.
Even if you just catch an entry on the smaller time frame at the break of the zone you can get a good 40 pip buy up to the 50% area of the D FVG that price is currently in.
So there are several bullish entries that can occur from where price currently is right now on the Daily.
NZDJPY Potential UpsidesHey Traders, in today's trading session we are monitoring NZDJPY for a buying opportunity around 84.2 zone, as we see on the 4h time frame the pullbacks are extending and approaching the major up trend, i will be watching the price action around the supply and the demand zone to watch rejection confirmation... and i would also confirm this trade by taking a look at the stock market since we have a positive correlation between indices and NZDJPY.
Trade safe, Joe.
NZDJPY SELL- A GREAT OPPORTUNITY -Dear Traders, hope you all doing great we have a got NZDJPY, recently we have seen bullish momentum across the JPY pairs as the DXY IS bullish, JPY tends to be on negative side. We also have got some heavy news next week (NFP) in that case DXY may drop for a couple of weeks this will directly helps us. achieve our targets.
Stay Safe and Trade Safe!!
NZDJPY : Long Trade , 4hHello traders, we want to check the NZDJPY chart in the 4-hour time frame. After moving for a while in a range channel, the price managed to break the ceiling of this range channel. If the price can make a pullback around the price of 84. 500 and the trend line of the ascending channel is a good entry point to enter into a buying transaction, and we expect the price to grow to the targets of 85,900 and 87,200. Good luck.
NZDJPY - 4hrs ( Buy Trade Target Range 250 PIP ) 💲Pair Name : NZD/JPY
🗨Time Frame : 4hrs
➕Scale Type : Large Scale
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🗒 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
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🔰Bullish Break
84.300 area
Reasons
🔘- Major turn level
🔘- Visible Range poc
🔘- Fixed Range Hvn
🔘- inner Channel Break
🔘- Day / week High Break
🔰Bearish Reversal
87.000 Area
Reasons
🔘- Pattern Target
🔘- visible Range hvn
🔘- 3 Q / 2 Q High Area
🔘- Major W Turn level
🔘- Fixed Range Poc
NZDJPY - 2hrs ( Up + 50 PIP / Tp 1 > Full Tp 200 PIP ) Pair Name : NZD/JPY
📉Time Frame : 2hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Long
➕ Educational
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🔰 Update - VIP Opportunity
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🔰 Up + 50 PIP.
Target Hit ( 1 )
Account Growth 7.5 %
NZD/JPY: Volume Profile Analysis On NZD/JPY is nice to see strong buying reaction from the price 84.280 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Uptrend + Volume cluster is my mainly reason for this long trade....
Happy trading
Dale
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS#NZDJPY
By now MARKET RISK is ON. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. NZD CPI DATA is also very high. LABOR DATA is also very POSITIVE for NZD. JPY may be somewhat WEAK in the next few days.
However, NZDJPY should be slightly BUY with upcoming JPY WEAKNESS.
Anyway, if the PRICE falls back on the NZDJPY MAIN SUPPORT LINE, you can BUY if the MARKET RISK ON continues. And 81.79 LEVEL can be SELL temporarily. Earlier NZDJPY was SELL due to strong JPY and MARKET SENTIMENT is RISK OFF.
After that, you can definitely BUY at the 89.50 level. For that, MARKET RISK should be ON. STOCK UP, VIX DOWN, JPY WEAK.
NZDJPY 4.5 RR ShortHigh probability NZDJPY Short Trade
Volume Spread Analyse:
1. high volume: at low in comparison to high => at higher timeframe structure
2. high volume at low in comparison to high => at lower timeframe structure
=> high volume at lows => means a lot of Liquidity/ Money at lows => high probability that the price reach this levels
breakeven: at low of lower timeframe structure
We could have an opportunity to earn BIGIf you have been reading my analysis, you would know that I have my eyes on NZDJPY and waiting to long it to the completion of the Head and Shoulders formation that completes at 86.23.
Previously, I was waiting for the completion of the Bullish Bat Pattern, which I knew chances were slim(links within the TradingView post).
Now, another opportunity presents itself. The better way is the wait for a retest on the 1-hourly chart at 83.65 and wait for a Double Bottom with an RSI Divergence before engaging the buy; should the market go above the red line and close above 84.26, I would wait for a retest and recent support to long NZDJPY.
NZD/JPY Short Term BUY ....
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NZDJPY rallies continue to be capped.NZDJPY - 24h expiry - We look to Sell at 84.50 (stop at 85.00)
Previous support located at 83.50.
Previous resistance located at 84.00.
We are assessed as being in a large channel formation with the support level located at 82.50.
We are assessed as being in a large channel formation with the resistance level located at 85.00.
Rallies continue to attract sellers.
Our profit targets will be 83.00 and 82.50
Resistance: 84.00 / 84.50 / 85.00
Support: 83.50 / 83.00 / 82.50
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