Nzdjpyshort
NZDJPY - What's Next?From our previous NZDJPY analysis, the pattern has changed a little bit. We have now seen a double top and bearish price action and we can now take this down to the bottom of the descending channel. We could still see some resistance at the daily level but once we break it, we can gain another entry on the retest of that level.
Like this idea for updates!
Goodluck and trade safe!
NZDJPY - What's Next?From our previous NZDJPY analysis, the pattern has changed a little bit. We have now seen a double top and bearish price action and we can now take this down to the bottom of the descending channel. We could still see some resistance at the daily level but once we break it, we can gain another entry on the retest of that level.
Like this idea for updates!
Goodluck and trade safe!
NZDJPY > Trading Plan for A Short Entry!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #NZDJPY
Hello friends.
here we have the market closed 0.7800 and the market now might keep going up to test the resistance level where I will be looking for a sell trade and hee is why.
If the market reaches resistance levels I will have.
1-FIB extension 141
2-FIB inversion 161
3-big number 79.00
When and if the market gets to this level I will be ready to look for a valid reason to enter the market with a good probability trade with good risk to reward
Safe trading everyone
Check today analysis below⠀
>> One trade must not make you, one trade must not break you
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
NZDJPY SHORTA strong upward trend has been broken and is now ready for a fall on multiple TFs, a major "brick wall" has been broken and lower highs have been made proving a break of structure on multiple timeframes. I personally, would like to see a rejection of the channel, resistance and a potential head and shoulders forming