NZDJPY SELL ON DIPS !!HELLO FRIENDS
As i can see this pair is fail to break a strong resistance an trading inside channel
First TP is an easy target as soon as it will break the channel all other TP become valid
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Nzdjpyanalysis
NZDJPY LONGThe Price didn't made a lower low violation of market structure. Price currently sitting support level or neckline for a double bottom . Base on the daily & weekly candle the next candle must open to the upside. The Stop loss is protected by previous low and trend line also S/R level . Price broke the trend or trendline signaling for a reversal . Market structure shows a double bottom pattern signaling to the upside. Multiple confluence for a signal going to the a upside
NZD/JPY BUY SIGNALHey tradomaniacs,
welcome to another free trading-setup.
NZD/JPY/JPY: Daytrade-Preparation
NZD/JPY: Daytrade-Preparation
Market-Buy-Order: 77.630
Stop-Loss: 77.355
Point of Risk-Reduction: 77.835
Take-Profit: 78.350
Stop-Loss: 26 pips
Risk: 0,5% -1%
Risk-Reward: 2,75
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Start the uptrend
Description
As you can see, it is between support and resistance and has formed an ascending channel to touch the resistance and is currently at the bottom of the ascending channel.
If we take a closer look, it has broken a bearish wedge, which is also a sign of rising prices, and is expected to touch its resistance in the next few days.
In an ascending channel
Description
As you can see, it is in an ascending channel and by hitting the bottom of the canal, it provides the possibility of re-ascending to the ceiling of the Channel. Can be seen
We have to wait to see if we will climb after hitting the bottom of the channel Or losing the trend line.
NZD/JPY Running In 150 Pips And New 2 Long Entries Available This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZDJPY BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for BUY GOOD LUCK! Great BUY opportunity NZDJPY .
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