Nzdjpytrendtrading
NZDJPY SELL NJ here. This pair has failed to break this resistance level for over two weeks now, with a correction over the past few days due to the corona virus manipulation it has come up too a level of interest. Upon a daily candle closure forming as a shooting star, doji or spinning top, I will be looking to take short trade from the purple box region. Taking partial profits on the way down.
340 PIPS GAIN 6.5/1 RR
Nzd Jpy Long ---based on indices rebound if it comesyou will be stopped out if indices take another dump, so its risky play
Trading Pathways Analysis of NZDJPY H4 Chart
The outlined white arrow pathway is the predicted pathway that the NZDJPY will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where NZDJPY will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
NZDJPY reversed from resistance, potential drop!
NZDJPY reversed off its resistance at 71.250 where it could potentially drop further to 70.787.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDJPY Sell Enter Around 73-73.100 Area- Overall trend is bearish
- January is generally positive for Yen
Analysis Invalid if 73.2 Broken (Price breaks trendline)
NZDJPY H&S Head & Shoulders in play. Looking to see if price respect the right shoulder for further downside
NZDJPY - Short Position Price reversed at a strong resistance area and has touched the descending trend-line. Could drop further to 71.769 and below.
NZDJPY reversed from resistance, potential drop!
NZDJPY reversed off its resistance at 73.483 where it could potentially drop further to 71.910.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDJPY Market Outlook | Daily Forex Market BreakdownNZDJPY
Looking similar to NZDCAD pushing up into resistance now. Stepping aside for now but it looks like a very nice set up is forming for us.
NZDJPY Market Outlook | Daily Forex Market BreakdownNZDJPY
Looking similar to NU pushing up and rejecting off residence nicely. Still a little bit to early to hop into shorts but it is looking really good we could see one or two final pushes to the upside before we roll over and melt down to 70.00 and possibly lower. Definitely on the watchlist for now.
NZDJPY Market Outlook | Daily Forex Market BreakdownNZDJPY
Still looking like an amazing short. If you got stopped out not a problem more trades are on the way! If you are still in this trade and you have not moved your stop loss to your entry do so now. I do feel we could push much lower.
NZDJPY bounced from support, potential for a further rise!
NZDJPY bounced off 69.261 where it could potentially rise further to 69.630.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDJPY approaching support, potential for a bounce!
NZDJPY is expected to drop to 1st support at 69.322 where it could potentially react off and up to 1st resistance at 69.627.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
ANALYSIS ON NZDJPYANALYSIS ON NZDJPY
Welcome to my analysis
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30Min CHart
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Interesting Point of interest In the NZDJPY pair.
- Price above 200 day EMA.
- Buy reversal.
- Expecting more Upward momentum.
- Watch 70.100 for take profit.
Stay Tuned
NZD/JPY SELLNZD/JPY SELL LIMIT
ENTRY 1 69.760
ENTRY 2 69.890
Sl 70.099
Tp.1 69.560
Tp.2 69.280
Tp.3 68.900
NZDJPY approaching support, potential for a bounce!
NZDJPY is expected to drop to 1st support at 69.059 where it could potentially react off and up to 1st resistance at 69.675.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
NZDJPY bounced from support, potential for a further rise!
NZDJPY bounced off 69.224 where it could potentially rise further to 69.866.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZD/JPY SHORT NZD/JPY SHORT (sell)
Sell NZD/JPY
Entry 68.800
Entry 2 68.920
Sl 69.120
Tp.1 68.460
Tp.2 68.210
Tp.3 67.900
ROUND 3 lets get it
NZD/JPY SHORT ROUND 3Sell NZD/JPY
Entry 68.550
Entry 2 68.650
Sl 68.810
Tp.1 68.200
Tp.2 68.100
Tp.3 67.900
NZD/JPY SHORT Round 2NZD/JPY Should do a bounce back to test Resistance one more time, where we are looking to short it once again
We will be using the same parameters as previous call yesterday
This time both are sell limits
NZD/JPY SELL LIMIT
Entry 68.650
Entry 2 68.800
sl 69.100
tp.1 68.350
tp.2 68.100
tp.3 67.900
Risk management please .01 or .02 for every 100
