Nzdjpysignal
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 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.
Dear Traders,
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NZDJPY BREAKOUTLook at the above chart and as you can see that it has given the BREAKOUT of the upper TRENDLINE. There is great probability that from here it will go upwards after consolidating 3-4 days near the TRENDLINE area.
KEYPOINTS
ENTRY- 77.700-78.000
STOPLOSS- 76.452
1st TARGET- 79.262
2nd TARGET- 80.955
NZD/JPY 4HR BUY SET UPHi TRADERS this is my trade set up for the NZD/JPY
NZD/JPY Looking like could pull back into the order block zone for further continuation up, so buy only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
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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