NZDJPY Intraday Bullish Continueationbased on price action with dynamic support and market flow analysis.
Nzdjpylong
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.
POTENTIAL LONG ON NZDJPYEvidently there has been a breakout of a channel which could allow for a potential long trade with a good R:R. Also there seems to be a bearish engulfing candle on the 4 hour time frame at a supposedly strong zone, but unlike previous rejections at that zone, the momentum to the down side is not as strong which may be confirming the bullish bias.
*NOT FINANCIAL ADVISE* Merely an opinion.
NZD/JPY - Price Approaching Supply Zone With Bullish Momentum
Price has made a push past respected resistance @64.758 with strong momentum, indicating a reversal of bearish trend prior
Bullish EMA cross occured, adding confluence to bullish bias
Will wait for a corrective phase before looking to BUY this pair
JXY, Japanese Yen index is showing long term weakness
NZDJPY HARMONIC BAT COMPLETED Abtin00Hello guys
Thanks for supporting us
After last analysis of NZDJPY that be failed ( First Wave Stretches )
We are waiting to watch , what does the market want to do ?
We are seeing that going to complete Bat harmonic pattern and then we are combinate it with price action and we found a good area for long position , you can take long position with SL that we shown it on chart
We are thinking at least reach the second target but in first target you can save some profit
Good Luck
Abtin
NZD/JPY moving higherHi Traders,
we hope you all have just as successful trading Monday as us. We have started hot, gained already more than 250 pips from 2 trades and the best part is they are still active and chasing that TP2. You can check our Twitter for more details :)
Now let's take a look at NZD/JPY on 4H chart. We can see that price has nicely declined from Support and now is head up. We believe this week NZD will perform much better than last and there is also chance price could reach resistance line till end of the week.
Let us know if you agree or disagree with us with this idea in comment section. And do us a favor and hit that follow and like button and help us grow our community :)
Good luck !
NZDJPY - Long, wait for the break and retest of Resistance.Hello Traders!!
Overall we have the begin of an uptrend.
Price is heading towards a resistance level and it's moving within a flat channel,
Wait for a break of Resistance (Ceiling)
Wait for a RETEST (Price Closes Above the previous level of Resistance)
Once Price Confirms Resistance as New Support(Floor). Enter the Trade.
Continuation of a Uptrend.
Good luck to you all.
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This idea does not provide any financial advice.
NZDJPY First Wave StretchesHello guys
We hadn't been for a while, but we came back strong
As we said before after completed wave 1 we need ABC and now we think we are completed wave 2 and ready to make the strongest wave of Elliott thats Wave 3 ( 3rd wave )
As you can see on chart we think we are making a first wave stretches and we have shortening the third and fifth waves
Active your stop loss wiht your own capital management and take profit
Good Luck
Abtin
NZDJPY approaching support, potential bounce! | 6 May 2020Price is approaching our first support in line with our 78.6% fibonacci retracement , swing low support and ascending trend line where we could see a further push up to our first resistance level . A break above our intermediate resistance would see a further push up to our first resistance level . Please also refer to the video analysis below for a step-by-step guide on how we got these levels. Cheers!
NZDJPY approaching support, potential bounce! | 6 May 2020Price is approaching our first support in line with our 78.6% fibonacci retracement, swing low support and ascending trend line where we could see a further push up to our first resistance level. A break above our intermediate resistance would see a further push up to our first resistance level. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too. Cheers!
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.
NZDJPYPotential upside after a confirmed breakout about downward sloping resistance level on the FX:NZDJPY
Profit taking withing target area based on 30-minute chart.
