NZDJPY - DAILY chart Sell setupNzdJpy Daily timeframe - I see a pending pullback for this pair into the daily demand area for potential longs in the near term.
Nzdjpytrendtrading
NZDJPY - - BUY - be in it to win itTHE EXPECTED REVERSAL HAS NOW OCCURRED
NOW EXPECTED THIS TO MOVE UPWARDS TO
THE PREVIOUS HIGH
SEE PREVIOUS ANALYSIS
I APPRECIATE ALL LIKES, COMMENTS AND FOLLOW FOR MORE
NZDJPY - UPDATE FOR THIS WEEKI AM EXPECTING THIS REVERSAL INTO THIS
RESERSAL RANGE BUFOR WE CONTINUE OUR
UPTREND. FOR ALL THAT ARE FOLLOWING I
AM SURE YOU WOULD HAVE SEE HOW GOOD
THIS HAS GONE.
SEE PREVIOUS ANALYSIS BELOW
LIKE, FOLLOW AND COMMENT
NZDJPY TECHNICAL CHART - "Head and Shoulders Bottom (Reversal)"Pair: NZDJPY
Trade: Long
Time Frame: 4 Hour
Strategy: Head and Shoulders Bottom (Reversal)
DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight into my trading techniques,
you should do your own due diligence and not take this information as a trade signal.
NZDJPY UPDATEI AM EXPECTING SOME REVERSAL ON THIS PAIR. SEE ONSCREEN INSTRUCTION
LIKE, FOLLOW AND COMMENT FOR MORE :)
NZD/JPY - Incoming Drop - 200 PipsNZD/JPY is making new lows and has currently broken the 200 EMA on the 4H chart.
We have 2 reversed hammer one by the side of the other meaning there is strong weakness.
For the next breakdown to begin right away, prices would have to not break the 200 EMA on the 4H chart (Which is the last high of the 2 reversed hammer candlesticks).
If it does break the 200 EMA up, then it will take a while for the move down to continue.
One could put a pending order at 74 so that as soon as the break happens, you can get in the move.
Trade safe.
#nzdjpy should complete his duty still buyhere is my new forcast for nzdjpy
check this out contact me for mentorship and learning forex from us
NZDJPY right above major support, prepare for a potential bounce
NZDJPY is approaching major support and a potential bounce could occur at 79.45 (Fibonacci retracement, Fibonacci extension, Elliott wave structure) to push price up towards 80.51 (Fibonacci retracement, Elliott wave structure, horizontal overlap resistance).
Stochastic (55,5,3) is seeing major support above 1.7% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDJPY (SELL) TREND CONTINUATIONDaily Candle Closes Bearish, SOLD @79.100. NEW resistance, Previous Support @ fair price levels
NZDJPY- 4HWe are in the phase of formation of THE 5TH WAFE OF Wolfe Wave, which happen to be AB=CD (harmony pattern). Wait for the breaking down signal !
NZDJPY Long based on Mongerksit trading system.Buying to test the system, lets see how it turns out.
going to post multiple of these to get a approximate accuracy on the system.
to try the system pm me.
NZDJPY Daily 200 SMA TestHere is a setup that I watch where the market is testing the daily chart 200 sma. As long as price can stay above the 200 SMA then the likelihood increases for more upside.
Basic structure trade on NZDJPYHey guys,
this is a very basic concept of a structure trade. As you can see above on NZDJPY price just came out from a consolidation period and put new structure highs. At this moment i know my bias would be long; but i can't enter a trade long on the top of the movement, i should wait for price to give me a better entry in order to catch the upward move.
My analysis on higher timeframe tells me that price should test 83 flat and that's why it would be my second target. Anyway, the previous resistance should now becomes support and it lines up with .618 retracement of the impulsive move that break the consolidation pattern.
For all those reasons i'm going to wait for the close of the current candle and see what it tells me. If it'll hold i'm buying this up, hoping for, at least, a retest of the highs and then maybe a move further on.
If you have any question. feel free to comment below.
Otherwise, see you in the next chart!
