NZDJPY Ready to move up.Folks wait for a flag then buy.It may shoot without one but you should always wait for a flag.GL
Nzdjpybreakout
NZDJPY Daily 200 SMA TestHere is a setup that I watch where the market is testing the daily chart 200 sma. As long as price can stay above the 200 SMA then the likelihood increases for more upside.
NZD/JPY The downtrend beginsBroke the trend line on Friday and closed below the weekly trend line
Happy Trading :)
NZDJPY, Buy Can Bring ProfitSee the candles closed above 26 EMA. This could be a clear breakout and buying this pair at this moment can bring a profit. Trend indicators have already waved the signal that this pair can pullback to 74.725 level. In am in this trade.
NZDJPY SHORT TRADEON THE DAILY CHART WE HAVE PRICE BREAKING OUT FROM THE SUPPORT TREND LINE.
WAIT FOR PRICE TO RETRACE BACK TO 73.249 AND SELL FROM THERE.
STOPS LOSS AT THE 75.871 LEVEL.
FIRST PROFIT TARGET IS 72.216.
SECOND PROFIT TARGET IS 67.980.
NZDJPY SHORT IDEAPRICE WILL EITHER RETEST THE 75 LEVEL AND BOUNCE BACK TO 75.905 LEVEL AND FALL OR IT WILL JUST BREAK THE SUPPORT LEVEL AT 74.904.
Can NZDJPY get that low?Bullish Cypher in the works? We also have some negative divergence on the MACD
NZDJPY : Flat Top n Bottom - Rectangular rangingLooks like NZDJPY will breakout soon, lets wait for breakout and enter the trade direction
NZDJPY BULLISH BREAKOUT SIGNAL CALL.The price finding support area at 74.20. Bullish as long as support area remains intact. As intraday trading strategy. we must get bullish signal confirmed by trading above 74.64 with potential target at 75.20-75.45.
NZDJPY - Awaiting Breakout Bullish Flag PatternHi Guys,
NZDJPY is forming a perfect bullish flag pattern and we are expecting a breakout soon, once that happens on valid breakout we will be initiating long positions in NZDJPY. Sometimes there may be false breakouts, so be careful..even while I'm typing this price is teasing the upper trendline. There are 2 ways by which breakout can happen 1) retest lower trendline take support move up or (2) Breakout happens directly in coming few hours.
So lets check our risk-rewards and order entry with stops n exits to trade NZDJPY.
Hit Likes if you agree... Thanks for your support...
Happy Trading !!
NZDJPY Bullish Signal Call.The price has pulled back into the reference area at 74.03-74.06. Remains bullish above 74.33 as long as the support at 74.03 remains intact. Long with potential target at 75.34
Long trade - already activeAll jpy pairs are showing bullish signs. But I will stay out of major jpy pairs due to recent unexpected moves on majors. This setup looks promising. Im already in.
