Nzdjpyanalysis
NZD/JPY BUY SIGNAL Hey tradomaniacs,
welcome to new free trade-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
NZD/JPY: Day-Swingtrade-Execution
Market-Buy: 71,115
Stop-Loss: 70,515
Target 1: 71,600
Target 2: 71,900
Target 3: 72,400
Stop-Loss: 50 pips
Risk: 0,5% - 1%
Risk-Reward: 2,60
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
NZD/JPY Technical Analysis
The zone of 71.100-200 proves to be a tough nut for the pair.
Despite multiple attempts, the price is unable to break above it.
Further, the price action has formed an evening action star pattern at the resistance zone.
Hence, we expect the pair to be bearish in the near-term.
NZD/JPY Great Sell OpportunityAs you can see in D1 Chart, NZDJPY did a fake breakout (I Posted about it before) It did not continue up. so now it should continue it's consolidation again and it's next move will be Sell. As you can see it has retested the resistance where the fake breakout occured. it will now most likely head towards the 69.500 Level Now.
Comment if you have an alternate idea.
NZDJPY - BEARISH BIASNZD - BEARISH
1️⃣ Investors were cautious on news that AstraZeneca paused its late-stage trial of one of the leading COVID-19 vaccine candidates after an unexplained illness in a study participant.
2️⃣ Director General of Health Ashley Bloomfield reported six fresh cases of the novel coronavirus in New Zealand, all of which are linked to the Mt Roskill "mini-cluster."
3️⃣ Manufacturing sales in New Zealand plunged 12.1% year-on-year during the second quarter, posting the largest fall since the series began in 1994.
JPY - BULLISH
1️⃣ Traders sought the safety of haven assets following news that AstraZeneca paused its late-stage trial of one of the leading COVID-19 vaccine candidates after an unexplained illness in a study participant.
=====
TECHNICAL
=====
- We're shorting NZDJPY on SBR level + SMA100 area on H1 chart.
- NZDJPY still in bearish zone.
NZDJPY, 4hr tf, buy above the kumo as long legged doji appearsHello my friends,
Today another setup on JPY pairs. This time it is NZDJPY.
I found a good buy setup for this pair as there are some confirmations appeared which consist of:
1. Parabolic SAR now below the price indicating buying pressure
2. Price above the kumo cloud
3. Kumo cloud is green colored
4. Long legged doji which is a price action confirmation
Buy NZDJPY 71.15
Stop loss 70.80
Take profit 1 @71.50
Take profit 2 @71.85
Take profit 3 @72.20
RR ratio is 1 : 3
Use only 1-2% risk
Good luck
Disclaimer : I bought NZDJPY at 71.15 as per this writing
NzdJpy- False break can lead to a steep dropLast week NzdJpy traded for just one day above 71.50 resistance. The break proved to be a false one and a strong bearish engulfing followed.
Usually, false breaks announce strong reversals and I expect the pair to drop to recent rage support at 69 zone.
Sell trades around 71.50 have a great R:R
NZD/JPY - ForecastAs you can see NZD/JPY recently broke above the consolidation/Ranging level. and has RETESTED it.
Now we need to see if this was a fake breakout or it will actually continue in Buy.
if it comes back in the consolidation range then it was a fake breakout BUT if it breaks above the previous structure at around 71.950 then it should continue going up till next resistance level which is at around 73.45.
::
If you have a better idea or you disagree with me then please let me know in the comments
A Like would be appreciated.
NZDJPY LONG until next weekI will go long on NZDJPY because it just bounced on the support zone. It is safe now to go long on NZDJPY.
This is the best time to buy NZDJPY for next week bullish move. I think it will go up next week.
Trade At Your Own Risk ;)
Short Position on NZDJPY 4HHello Traders!
-------------------------------------------------------------
🚀Sell Execution according to the market.
nzd/chf Bullish Setupprofessionals increase 8% long positions since last four week. 1% long increase by last week. while chf one & five year bullish extreme, professionals reduced 6% long positions in chf. suspect bullish momentum continue......
NZDJPY short for 100 pipsHi traders,
As you can see this pair has reversed somewhat and currently trading below 50 EMA. We have seen a pullback with a bearish candle which suggest we might see another push down to make a double bottom at least if not more. I have therefore gone short on this and marked tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
NZDJPY short 1 touch 2 touch 3 touch GO!
1. We have 51 EMA touching and being respected
at 3 points in the Market.
2. Two touch makes a tend line and links all the
highs
Looking for Sell Opportunity, Looking for Entry in
Lower time frame 30 minute chart.
NZD/JPY Wave Analysis
The counter is currently formed a flat ABC corrective wave.
It broke out from a bear flag pattern, tested the broken support, and is now coming down with strong momentum.
Hence, we expect the pair to be bearish in the near-term.
NZDJPY Head & Shoulder Pattern For Short TradeNZDJPY has formed head and shoulder pattern after touching to its trend line resistance level as shown in chart. According to chart pattern analysis we might see downside in NZDJPY towards support level. One can initiate short side trade with Risk management system and stop loss
Thank You.
NZD/JPY SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
NZD/JPY: Day-Swingtrade-Preparation
Market-Sell: 69,990
Stop-Loss: 70,600
Target 1: 69,390
Target 2: 69,030
Target 3: 68,400
Stop-Loss: 61 pips
Risk: 0,5 % - 1%
Risk-Reward: 2,60
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
NZDJPY long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
NZD/JPY Technical Analysis.Currently, NZD/JPY is trading at 70.11. The pair is consolidating in the resistance and support wedges. The pair may start a new uptrend, if it breaks the resistance level at 70.43, likely the pair might consolidate further for some time. If the pair starts a new uptrend after breaking the resistance level, then its first target price will be at 71.61 and the second target price will be at 72.33.
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
NZD/JPY SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
NZD/JPY: Daytrade-Preparation
Market-Sell:70,190
Stop-Loss: 70,415
Target 1: 69,970
Target 2: 69,857
Target 3: 69,700
Stop-Loss: 22,5 pips
Risk: 0,5 % - 1%
Risk-Reward: 2,22
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
