Nzdjpyshort
NZDJPY SELL potential Bearish BIAS
Price at a possible resistance level
Ascending channel moving towards the resistance level
Price may come back up for a double top or form a correction after a drop
NZDJPY CLEAR BEARISH ?As we can see
nzdjpy moving forward as a bullish structure
and we know that when bullish trend , the trend also have nature structur
which is impulse , correction , continuation , reversal
as we can see
nzdjpy haven't higher low
so here we see the clear rising wedge pattern and bearish divergence maybe can push nzdjpy to bearish (making higherlow)
however we still need some confirmation like bearish flag at lower timeframe or shooting star on 4H timeframe to execute this pair
NZDJPY 5m SUPPLYI am looking at a SUPPLY zone on the 5-minute chart. The supply zone is greyed because there is a lot of trading happening to the left of it.
NZD/JPY Sell Opportunity nzd jpy is at very strong resistance area and verey soon going back down to those Fibonacci retracement areas which are motioned below
look for bearish confirmations and enter short with your own money management
patience is the key
NZD/JPY could move UP!Hey tradomaniacs,
NZD/JPY just re-tested a strong support-zone and is about to create a H4-Wick 👉
First sign of reversal?
NZD/USD and AUD/USD are both steady with Indicies that failed to break key-support-zones, which is very good for our crosspair-trades.
Market is as expected very news-driven currently and I will wait for the FOMC`s statement as this can change everything, hence it is hard to predict any direction here because the moves could just be corrections.
I will wait for confluence and so high-probabillity-trades.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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NZDJPY Sell 61.8 fib confluence nice and easy down trend multiple swing highs to confirm trend and failure of 61.8 tp at price label stop loss if breaks and close above swings
NZD/JPY Trading in Upward Channel.Hello traders, NZD/JPY is trading at 76.24. The price is trading in upward resistance and support channel and rebounding back from its resistance level. As the price has already rebound back from its resistance level, if it breaks 76.21 price level it can touch support level. So, the entry price for short will be 76.21 first target will be at 75.81 and second target at 75.20.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
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Thank you,
Rishikesh Lilawat
NZDJPY is approaching resistance, potential reversal Price is facing bearish from our first resistance where we could see a furhter drop below this level. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.
NZD/JPY short it nzd jpy is now at strong trend line resistance and also very strong supply area
as we can see on technical aspect that it can go the support area which is mention down below
on fundamental aspect new zeeland went under strict lock down so we can expect a smooth fall to the strong structure area
look for bearish confirmation on lower time frames and enter short with your own money management
patience is th key
NZD/JPY Sell opportunity nzd jpy was one of the most bullish pair of 2020.as we can see on higher time frame its over bought and going to complete the w formation of price axction
as we see on H4 than market broke the strong trend line resistance and tried multiple times to broke but rejected.
now market going back to strong demand zone of 74.000 as per Fibonacci retracemnt golden ratios
look for bearish confirmation on lower time frames and enter short with your own money management
patience with discipline can do the magic
patience is the key
NZDJPY / Head and ShouldersLast week I completely looked at this wrong and said its a short without looking at the higher timeframes.. we can clearly see the support and resistance levels on the weekly chart plus a head and shoulders pattern.. this is a long until a key level is touched
NZDJPY New Highs or BustNZDJPY looks ready to rollover and it appears some buyers have gotten trapped above 75.5. I would like this see this pair hunt for some liquidity in either the area of acceptance I have marked as "liquidity zone". Or ideally a push to 72.8+ in search of some of the big buyers who continued to life the rate in December. This would likely play out over the course of 2-3 weeks as choppiness is expected.
NZDJPY short position may be in dangerThis green support zone may hold price and cause it to push back up against our short position. I'm still holding but adjust your trade as you see fit by either tightening the stop loss, taking partial profits, or exiting completely. I'm still holding.
NZDJPY, 4hr tf, rising wedge breakoutHello my friends,
Another plan for today is NZDJPY pairs.
As you can see, there is a rising wedge pattern and price broke below the support in a clean way
After price broke below the rising wedge support, an inside bar candlestick pattern also occurs and the next candle validate further downside.
In my opinion we could see price drops towad 75.05-00 area which is the low of rising wedge pattern.
I already sold this pair from 75.65 and wanna share with you guys all my trade plan.
Sell NZDJPY 75.65-60
Stop loss 76.85
Take profit 75.05 (3R)
Use only 1-2% risk
Good luck
NZDJPY Two Bar Reversal & Key Reversal Bearish setup for 73.80NZDJPY daily two bar reversal (top reversal) pattern formed. second bar broke & close below first bar low. Second bar is a key reversal bar dictating bearish momentum ahead. Target 73.80 & 72.90
NZDJPY - Ready to SHORTEntry break of trendline with stops above the high.
Aiming for the major trendline
Confirmation:
- MACD divergence
- Wedge resistance
NZDJPY - Ready to SHORTEntry break of trendline with stops above the high.
Aiming for the major trendline
Confirmation:
- MACD divergence
- Wedge resistance
NZD/JPY ideaWill only consider shorts if we can get a clean break of trendline and s/r zone
Consider longs if we get further rejection of trendline and s/r zone. We also sat at a key fib reversal level.
Price needs to develop further to confirm our bias
NZD/JPY New Trade And Analysis 2 Entries Available In This Video
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
