NZDJPY analysislooking for pullback into highlighted zone with desired target followed by continuation to LL ...
many scenarios - same goal
anticipate - react - execute
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Nzdjpyanalysis
NZDJPY SELL NJ here. This pair has failed to break this resistance level for over two weeks now, with a correction over the past few days due to the corona virus manipulation it has come up too a level of interest. Upon a daily candle closure forming as a shooting star, doji or spinning top, I will be looking to take short trade from the purple box region. Taking partial profits on the way down.
340 PIPS GAIN 6.5/1 RR
Nzd Jpy Long ---based on indices rebound if it comesyou will be stopped out if indices take another dump, so its risky play
NZDJPY W4 FEB 2020• Swing Short Setup
• Continuation bearish chart pattern
• Consolidating between 38.2% and 50.0% Fib Retracement
NZDJPY DROPTrendline break followed by this current continuation pattern forming. Expecting a small push higher to the top end of the pattern in correlation with touching our 200dayMA followed by a hard drop.
NZDJPY SELL continuation from previous analysischecking from our last nzdjpy analysis i tagged below we see price falling as predicted after we previously took a buy
NZDJPY has formed triple bottom patternminor support level has brought price up on my previous analysis (link attached below!), now price formed triple bottom formation and might bring NZDJPY continue its upward movement, wait for horizontal resistance breakout before placing any buy order. be patient!
Plan : horizontal resistance breakout --> wait for prices to bounce off from horizontal support --> 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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
NZDJPY buy on H4Plan : wait for price to bounce off from horizontal 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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
NZDJPY trade idea on H1NZDJPY soared high after the announcement of interest rate by RBNZ, currently we area seeing price form a falling wedge pattern and giving us long trade opportunities.
Plan : wait for prices to bounce off from horizontal support --> 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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
NZD/JPY LONG SET UPTitle : NZD/JPY Buy SIGNAL
Asset : FOREX
Symbol : NZD/JPY
Type : Market buy
Time Frame : H4
Entry Price 1 : 70.012
Entry Price 2 : 69.980
Stop Loss : 69.712
Take Profit : TP 1: 70.312
TP 2: 70.512
TP3: 70.812
Status : active
NZDJPY possible double bottom formation!Plan : trendline breakout --> wait for price to bounce off from trendline or 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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
Trading Pathways Analysis of NZDJPY H4 Chart
The outlined white arrow pathway is the predicted pathway that the NZDJPY will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where NZDJPY will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
NZDJPY BEARS STILL ON RALLYOver 300 pips Bagged successfully already, bag still loading up to 2nd target, pullback seem to be over, join the train if you can..
NZDJPY at critical Area, could go either way.In all my previous NZDJPY ideas, I recommended traders to sell NZDJPY. If you followed, you might have made close to 200 pips profit from those.
However, through this analysis, I want to say that NZDJPY could bounce upwards in the coming days.
Today's daily candle might show indications of a trend reversal as this candle has formed at the 100D EMA.
So, if NZDJPY closed around 71.25 today, we could very well see a trend reversal in the coming days.
That being said, if price does manage to break the 71 barrier and manages to stay below it, the next area of importance will be 70.
Ideally, I would keep an eye on today's closing price before executing any further trades.
NZDJPY buy on H1, potential inverted H&S formation!Plan : wait for prices to bounce off horizontal support --> 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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
NZDJPY roadmap on dailyNote : look for a retracement in smaller time frames such as H1 or H2 (hourly timeframe)
**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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
NZDJPY H&S Head & Shoulders in play. Looking to see if price respect the right shoulder for further downside
