Nzdjpysell
DONT MISS IT Good morningg.Good setup NZDJPY to take on short.Use proper risk management stick with 15 pips stoploss from green zone.HAVE A NICE DAY
NZD/JPY Closed Below Our C.T.L ,Short Setup Valid After Retest ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZDJPY (NewZealand Dollar/Japanese Yen) Currencies analysis Technical Analysis:
We can clearly see that the Bearish Divergence of Price and MACD has Started Forming in 6H time frame and it is one of the biggest signs that the bullish Trend is reversing and we can see some Price Correction on this Forex Instrument.
we have defined 2 Targets using the Fibonacci Retracement Tools which we have forecasted the Price to fall.
please check the Forecast dates and exact Prices.
Jamie Trade Idea - Sell NZDJPY Trade Idea: Sell NZDJPY
Reasoning: Broken through descending triangle, looking for weakness to continue.
Entry Level: 83.230
Take Profit Level: 82.40
Stop Loss: 83.64
Risk/Reward: 2.02R
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NzdJpy- New leg of correction?There have been 3 fabulous months for NzdJpy (In fact for all JPY pairs), with the pair gaining around 1200 pips, but more importantly, more than 15% (a lot for a forex pair).
As it was normal after such a run, after reaching 87 figure, the pair dropped hard, making the first leg of correction.
Now the pair is in recovery again and a new leg down can follow.
Resistance lies between 84.50 and 85.00 and in this zone, I will look to sell.
On the other hand, NzdJpy back above 85.50 could mean the resumption to the long-term bull trend.
NZD/JPY Finally Closed Below Previous Supp , Short Entry Valid This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZDJPY Will Go Down !!NZD-JPY is trading in an uptrend
In an ascending channel but the pair
It retests the rising resistance AT 84.500
Which is coupled with the fact that
The pair is overbought and with
Bearish price movement on lower time frames
I think we'll see a price drop soon
With the aim of retesting the horizontal support below at 78.700
NZD/JPY Hit All Targets +225 Pips , Short Areas Shown This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/JPY SHORT SELL OPPUTUNITY view......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
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