UPDATE ON NZDJPY SHORT TRADEHello traders, this is the update on the NZDJPY trade that I forecast on Jul 6. Check the forecast below. Let me know if you guys have any questions. If you like my analysis please hit like and follow. Thanks.
Nzdjpysell
NZDJPY SELL SETUPBreak of TL on daily.
Waiting for a bit of a deeper retracement.
Potential swing trade for ~ 400 pips if we get that move down.
NZDJPY - BEARISH BIAS#NZD - Bearish Mode
Recap:
1️⃣ U.S.-China tensions were once again a focus after China ordered the closure of a U.S. consulate in Chengdu and US Secretary of State Mike Pompeo urged China’s citizens to help ‘change the behaviour’ of their government.
2️⃣ Negative performance was driven mainly by global risk sentiment moves.
Review:
1️⃣ It’s another quiet week ahead on the economic calendar. Away from the numbers, private sector PMIs from China, COVID-19, and geopolitics will remain in focus.
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#JPY - Bullish Mode
Recap:
1️⃣ A weakening U.S Dollar stemming from the progress towards a COVID-19 vaccine supported the Yen. Also, this currency had been supported by risk aversion sentiment due to US-China tensions.
Review:
1️⃣ Progress towards a COVID-19 vaccine would pin back any upside in the Yen. Support could come from the U.S administration, however.
NzdJpy outlookNzdJpy failed in its new attempt to conquer 71.50. The ascending trend line is broken now and we can consider a clear top in place.
Now the pair is trading in a tight range and a break under psychological support at 70 could accelerate loses towards 68 zone support
NZDJPY, Breakout Retest Scenario..I've already shared detail analysis previously
Here's lower TF
Simply breakout and retest scenario plus Double top rejected as well..
NZD/JPY rejected from resistance zone💡Hello traders,
Hope you all have a fantastic day !
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NZD/JPY will move lower as price has been rejected from resistance line, we expect price to go lower next week.
Let us know what you think about this idea.
Trade safe !
NZDJPY / SHORT IDEA / STILL BELIEVE THIS WILL TAKE A TUMBLEI believe this will take a big fall, price appears to be heading towards its previous high and is moving away from my key level
I am going to wait until price breaks this support zone and the trend line before selling
NZDJPY - SHORT IDEAPrice has spiked up towards its previous high, I see divergence and im expecting price to break this zone and retest before shorting
NZD/JPY swing trade idea 💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really appreciate any likes and follows, that would help grow this channel.
NZD/JPY is approaching horizontal resistance zone. We believe price will not have enough momentum to break through this area. We expect price to go down from this point.
Let us know what you think about this idea.
Trade safe !
NZDJPY / DECENT SELL / 1000+ PIPSAs we can see from the chart, price has broken through support and is now consolidating above another level of support
It did this previously and then dropped to the next support level
I expect the same thing to happen here, just waiting for confirmation before we take the sell
NZDJPY - SOON SELLFrom what I can see price is heading for its resistance zone before dropping again, once it reaches this area I will be looking for longer sells
NZDJPY - SELL INCOMINGI anticipate price will reach its previous level of reistance before any major moves happen, we can go long on this for the time being but im going to wait until i see confirmation of a fall
I can see a pretty big fall coming $$$
250+ PIPS!? SELLPrice is consolidating in the support area.. wait for breakout and price to close below support then sell to target area
NZDJPY SELL OPTION FOR SWING TRADE.NZDJPY SELL OPTION FOR SWING TRADE.
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
NZDJPY TRIANGLE FOR CONTINUE DROPING Abtin00Hello guys
Thanks for supporting us
We expect because of triangle we have more falling price
But dont forget stop loss you can use our SL but Its better that you put your SL with your own capital management
Be patient to take profit
Good Luck
Abtin
NZDJPY - SELLWait for confirmation and price to break through support before putting in a sell to the green area
NZDJPY - SELLAs we can see price closed below support so we are in a sell and looking to TP somewhere near the green area
