Nzdjpybuy
NZDJPY reversed from resistance, potential drop!
NZDJPY reversed off its resistance at 72.302 where it could potentially drop further to 71.034.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDJPY reversed from resistance, potential drop!NZDJPY reversed off its resistance at 71.252 where it could potentially drop further to 70.866.
NZDJPY reversed from resistance, potential drop!NZDJPY reversed off its resistance at 71.289 where it could potentially drop further to 70.307.
Disclaimer:
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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.
NZDJPY longHi traders,
this is my longtime view on NZDJPY.
The RSI divergence and the bullish pin bar on 4H chart give us the signal to go long
with a fantastic risk reward. So be patient and hold this trade.
I´m already in this trade.
Have a good weekend.
Your Stefan Forex
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
NZDJPY BUY ON 1HAnticipating shift in trend upwards as price action demonstrates a strong momentum swing up. Additionally, MACD + Stochastic + RSI provide additional support for my hypothesis
NZD/JPY: Watch Price & Continue Buy !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
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.
NZDJPY - HOW TO TRADE THIS WEEKSEE SCREEN FOR SIMPLE INSTRUCTIONS. ONLY JOIN IN ONCE THE BREAK OCCURS
See previous analysis
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