And still NZDJPY buyNzdjpy is still proving strenght. On the other side, Sellers fade again and again. Next target is potential second target and we're gonna see how sellers will react on this. But for that strong NZD push, I would be scared AF as a seller.
Knowledge is the key
Smart investing is your future
I'm still in buy from previous week.
Nzdjpybuy
NZDJPY wait for pullbackNZDJPY Has to Break the pattern Now making a pullback wait till the market
Take their pullback till previous resistance
or you can Take Entry Now as well
1st Targets are 72.436
2nd Targets are 72.671
Note: This is only for Educational Purpose this is not Investment advice.
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Adil Khan
Buy NZDJPYNZDJPY broke the Daily resistant (Blue line).
It’s also change the direction from down trend to up trend............
I expect that it will go up.
There is 3 TP label...
After reaching the TP——> 1, close the half of your Lot size... and move stop loss to your entry label.......
And wait for reaching TP —>2 and TP ——> 3.
Good luck
NZDJPY 1 hr Trend Analysis and Strategy with Harmonic BATThis pair has recently bounced off a major daily support (red zone) and has started the 4th leg of the Harmonic Bat Pattern. We are predicting the Harmonic Bat Pattern will be completed and we are looking for price action to move towards the upside from this point. A trend line on the 1 hr chart has been breached giving our analysis and strategy validation. We are still targeting the green zone as shown on the previous analysis of the pair. FX:NZDJPY
NZDJPY Harmonic BAT Analysis and StrategyThis pair is currently trading at a major daily support (red zone) and is forming a Harmonic Bat Pattern . We are predicting the Harmonic Bat Pattern will be completed and we are looking for price action to move towards the upside from this point. We expect price action to complete the pattern between 70.00 - 69.900 before bouncing to the target (green zone). FX:NZDJPY
NZDJPY Weekly Technical Analysis and StrategyWe see price action consolidating into a falling wedge pattern, which is also a reversal patter. Price is at a crucial zone because it is at a major weekly support zone and also at the bottom of the wedge. Therefore, we are predicting a reversal from this zone.
Why You Should Spend More Time Thinking About NZDJPYIf you're in the forex markets with me, you know that I'm always on the lookout for easy plays. This could be a trade that you should be watching. I'm seeing hella divergence on NZDJPY's RSI. We had a 440 pip decline with no real pullback. Currently, we are in no man's land, so wait to enter. But we do have a doji candle and can expect a retracement to the retracement levels above. Good luck out there. And send me you winning trades on Instagram!
- Q
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This presentation is for educational purposes only and is not a recommendation or endorsement of any particular investment strategy. Past performance does not indicate or guarantee future success. Returns will vary and all investments involve risk, including loss of principal. Trading securities can involve high risk and the loss of any funds invested. Investment information provided may not be appropriate for all investors, and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon, or risk tolerance.
NZDJPY Harmonic Shark Pattern Analysis and StrategyThe pair moved as predicted and completed the 4th leg of the shark pattern therefore we closed our positions in the PlutusX MAM with profit. Our current strategy on this pair is to buy it again as it retraces back to the yellow support zone. FX:NZDJPY
Ride the BULL all the way to the BANK ;p You don't need to be Einstein to see how strong of a level this is, but just in case you are brain dead we have pointed it out with lovely purple arrows ;p
This level has been used as strong resistance and now price is coming back down to test this as support, we can see a bounce and a bullish run coming, and we think it will be a very angry bull... so run for cover or jump on its back and let it take you all the way to the bank.
So go long.. but trade with CORRECT RISK MANAGEMENT!!!! And don't get greedy as greed in the Forex market is why 99% of people fail.
Also only use this analysis if it lines up with your own analysis.