Nzdjpysell
NZDJPY, watch for CAB entry before SELLHi Traders,
JPY pairs are continuing its strength from the last couple weeks and we can see price peaked out moving correctivley within an ascending channel which also formed a fouvle top creating a big push down to the lower boundary of this correction. Wait for a breakout followed by a correction for more down side movement.
Wair for confirmation before entering. Ensure all of your rules are met.
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NZDJPY still looking to short Hi Traders,
JPY pairs across the board are still developing bearish price action due to the global situation happening between Russia and Ukraine. Looking at the price action we can see a strong Impulse push down from 78.00 which is now making another correction indicating more continuation to fall.
Keep an eye out for this pair, follow your trading plan!
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Are we almost ready to drop??Hi Traders,
NZDJPY continued to rise and invalidated our last set up however, we still are within a corrective structure which could potentially give us a reversal soon. If we get a rejection with a strong push down, a short entry would be valid.
Good luck!
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NZD/JPY SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant ot be a prepration for you. As always we aill have to wait for a confirmation!
NZD/JPY: Daytrade-Preparation
Market-Sell: 76.140
Stop-Loss: 76.250
Point of Risk-Reduction: 76.040
Take-Profit: 75.600
Stop-Loss: 11 pips
Risk: 0,5% -1%
Risk-Reward: 5,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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NZD/JPY SELL IDEA
Hey tradomaniacs,
welcome to a new free trading-setup!
NZD/JPY: Daytrade-Execution
Notice: Alternative setup! Keep risk low as market makes partially no sense in terms of correlations.
Sell-Stop-Order: 76.240
Stop-Loss: 76.380
Point of Risk-Reduction: 76.050
Take-Profit: 75.680
Stop-Loss: 14 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
Trading Idea Regarding NZDJPYThis pair is going bearish for the rest of the week
1-If we look weekly time frame its clear that this pair ended its corrective move so we expect another impulse move to the downside( i will post weekly chart in comment kindly check it out if you want)
2-Descending Triangle Chart Pattern
NZDJPYTwo possibilities:
1: We could see price come into the green zone and react downwards from there since we have a break of structure and rejection signs.
2: The liquidity sat above the highs could be taken and then we could see price start to distribute, once we see a clear rejection and break of structure pattern forming we can take a sell entry from there.
NzdJpy can fall from resistanceSince October's high, NzdJpy has started a downtrend, at least in the medium term and after finding support in the 76 zone, the pair rebounded and has started to trade in a range.
Now we are in the resistance zone of this range, and a fall could follow.
A rise above 78.70 would negate this scenario and bears can have as target 75 zone
Also, a drop under 76 would confirm an H&S, and the long term target for this pattern is 70