NZDJPY M30If price follows the ghost pattern on the chart, then drop should follow. Patience is key.
Nzdjpyanalysis
NZDJPY BEARISHNZDJPY BEARISH. Please leave a follow and like if you find it useful and I will keep posting for you guys!
NZDJPY trading in Rising Wedge NZDJPY is trading in a rising wedge pattern and at the resistance level. We might see some correction in pair from the current level towards support 1 and support 2, as target 1 and target 2 respectively. But, if it breaks out on the upside from the rising wedge pattern, we may see resistance 1 as the target for upside.
Note - trade with the proper risk management system
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NZDJPY reversed from resistance, potential drop!
NZDJPY reversed off its resistance at 67.025 where it could potentially drop further to 65.739.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZD/JPY possible bounce from ResistanceHi there Traders,
Let's take a look at NZD/JPY 4H chart. Price right now is headed to test the Resistance line of Descending Channel. It is too early to enter a trade right now, that's why we are going to be patient and what for clear signal that the price is rejected from Resistance. If we will see that price has bounced of the Resistance only then we will enter trade.
We will update this idea if it is going to confirm or not so make sure that you are following our channel.
Where do you think will the price go ?
Let us know in comment section and don't forget to follow us for more educational ideas that could bring you some pips :)
NZDJPY bounced from support, potential for a further rise!
NZDJPY bounced off 64.180 where it could potentially rise further to 64.771.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDJPY Trading In Ascending Triangle Pattern.NZDJPY is trading in an ascending triangle pattern, which is a bullish pattern. One can initiate the trade at support and resistance level of the ascending triangle pattern.
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Note - Trade With Proper Risk Management System
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NZDJPY approaching resistance, look out for potential reversal!
NZDJPY is approaching its resistance at 65.597 where it is could reverse down to its support at 64.431.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDJPY potential reversal!
NZDJPY expected to rise up to 1st resistance at 65.274 where it could potentially react off and drop down to 1st support at 63.832.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDJPY Trading Symmetrical triangle pattern.NZDJPY is trading in a symmetrical triangle pattern, which indicates the uncertainty of trend. One can take a trade on a breakout from the symmetrical triangle pattern on either side for the long term.
If You Like Idea Do Follow/Comment/Like For More Quick Updates As Time Is Money
Note - Trade With Proper Risk Management System
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NZDJPYNZDJPY
Multitimeframe analysis
1D
As we can see on 1Day chart market formed a nice double top pattern at the supply zone and price rejected from it nicely , we can expect to see a major drop in it.
4H
As we can see on 4Hour chart market got rejected from the demand zone , but at the same time market creating a lower low. so, we might see a price rejecting from a trendline in the near future.
1H
As we can see on 1Hour chart market created a Fresh Higher High by breaking the previous Lower high and also market breaked the previous trendline support level. We can expect it to rise till 4H trendline level.
