NZDJPY BUY IDEANZDJPY is looking very bullish at the moment, Buy after the break of resistance level 95.083
Entry Level 95.194
tp1: 95.464
tp2: 95.579
tp3: 96.146
JPYNZD trade ideas
NZD/JPY Bearish Breakout AlertNZD/JPY has broken below its previous consolidation zone, indicating a potential continuation of the bearish trend. Traders should watch for a strong downward movement as the pair gains momentum.
Could Price Bounce From Here?NZD/JPY is falling towards an extreme support zone which the price has been respected multiple times.
I believe a bounce could lead the price to rise to the upside
NZD_JPY SUPPORT AHEAD|LONG|
✅NZD_JPY is about to retest a key structure level of 95.24
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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NZDJPYDaily Bias Bearish.
Price was bearish as Japan Gov might take action with their currency. with NZD weakening currently.
Price formed an descending triangle at the level. Price broken out of triangle showing sign of bearish.
Set a short trade at broken support level. targeting swing low of Daily Time frame. SL above the triangle.
NZD/Jpy likely to go upMarket oversold and pressure, waiting to breakout for long, after hitting the resistance
Not to Miss OpportunitiyPair likely to jump up from this strong support. Long awaited retest has been done. Expected to traget 100 yen =1NZD here.
NZDJPY: Market of Buyers
Balance of buyers and sellers on the NZDJPY pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
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NZDJPY H4 Projection!Price sharply breaks the trendline and closes below with a fair value gap (FVG). Initiate short positions near the FVG or market structure shift zone (MSS).
NZDJPY - BUY The Market is severe at the moment, drastic moves.
Like I say they stop u out or squeeze u out
No Prisoners taken so u have to average in basically
U gotta have a strong conviction of what u think the market is thinking and going to do
So far not so good.
But I got so much Demo money I can afford it : )
NZD Interest rates versus Jappy 5.5% v's 0.10% is massive if u are going to park your money anywhere NZD or USD is the place to do it V's Jappy
USD posted already
NZD much stronger than JPY fundamentally also USD
GBP strongest of all
NZDJPYWe can attempt to short NZDJPY from specified level as it break HL ,also making wedge pattern (reversal pattern) , also bearish divergence occur indicate that it moves downward.
SL , TP mention in chart.
Short NZDJPYPrice retesting broken support and a key Reversal
Zone. Denoted by the red and green arrows.
1hr time recently printed a bearish pin bar in this zone. EST 10 am. candle. I am already in this trade
adding a new position now, small lot size sell stop below pinbar Target next zone (blue horizontal line) 96.760
NZDJPY - 4hrs ( Sell Trade Target Rang 180 PIP ) Pair Name : NZD/JPY
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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Key Technical / Direction ( Short )
Type : Mid Term Swing
———————————
🦸♀️Bearish Break
98.350 Area
Reasons
- Major Turn level
- Visible Range Hvn
- Channel Break
- Day / week low
- Fibo Golden Zone
🦸♀️Bullish Reversal
96.800 Area
reasons
- Choch Zone
- Visible Range Hvn
- Major Turn level / D
- Fibo Golden
- Fixed Range Hvn
NZDJPY - BUY
Taken out again below Monthly Resistance that turned Support.
Everyone would think Na that's where it will turn it shouldn't go past there surely, there must be untold Buy orders there.
I guess there must have been because then it went up and hit everyone's Sell orders and went back down again then hit more Buy orders and is at Sell order resistance again now.
But this is the makings of a Wycoff pattern hopefully and we should break through and continue to order block top of black candle and then on up higher to continue with the carry trade scenario the only thing that makes sense to me and I'm very clever just ask me. : )
Forex is a tricky game.
NASDAQ is the only safe Trade as long as u can give it plenty of room to move it is on a tare and only just started Interest rates haven't even started to come down yet and its honking.
Scale in small lots 0.01 until u get used to the Profit Loss compared to yr Capital then increase it has everything going for it the wind is in it's sails buy into every dip.
Please do your own due diligence this is not financial advice.
Blah Blah Blah. : )
NZDJPY Is Showing Weakness after RBNZ Kept Rates UnchangedNZDJPY Is Showing Weakness after RBNZ Kept Rates Unchanged
🚨RBNZ kept the interest rate steady at 5.50%, as expected.
After this decision, NZDJPY faced a strong sell-off and appreciated by nearly 88 pips
NZDJPY also confirmed a bearish wedge pattern showing further downward movement.
However, as I explained previously selling XXXJPY pairs carries a high level of risk.
They will begin the bearish wave only when BOJ intervenes in the market.
But with the current data, this is what NZDJPY is showing...a small bearish move.
You may find more details in the chart!
Thank you and Good Luck!
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NZDJPYHelloooo...
We have an order block here which is interesting. I would Re-enter in the marked zones.
Remember Take your Profit at key areas.. And set Break-even
NZDJPY is BearishPrice was in a strong uptrend, however the bears seem to be waking up to the cause after a matured bearish divergence which led to the break of last higher low. If price prints a lower high and breaks freshly printed lower low, then a bearish rally is on the cards. Targets are mentioned on the chart.
Sell AnalysisNZD/JPY Sell Analysis
Trade Idea: Sell NZD/JPY
Entry: 98.400
1st Take Profit: Up to 97.500
2nd Take Profit: Up to 96.200
Rationale:
Technical Analysis: NZD/JPY has faced resistance near the 98.400 level, indicating potential for a downward movement.
Bearish Momentum: Recent price action suggests a decline from recent highs, supporting a bearish bias.
Long-Term View: This trade reflects a broader bearish outlook on NZD/JPY, considering both technical indicators and market sentiment.
Risk Management: Implement a well-defined risk management strategy, including stop-loss orders, to mitigate potential losses in volatile market conditions.
Disclaimer: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The analysis provided is for informational purposes only and should not be considered as investment advice.
NZDJPY SHORTPrice being rejected on a daily TF , forming a reversal partten bearish movement to be expected
SHORT SELL NZDJPYCHANGE ITS TREND
.divergence on RSI
.already break its last HL
.expected make H&S pattern
NZDJPYWe had a push down from the NZD news yesterday breaking the upwards trend line.
No waiting for a retest of that trend, which also give confluence with a bearish FVG and also the 0.75 FIB level for continued sells down to the lower demand.
SELL ON NDJPYAfter a nice expansion move to the downside. the retracement phase is in full effect. using my quarter zones on the fibb.. im looking for atleast a retracement to the 75% area in order to get in a sell. there is a large fvg left behind and a nice order block at the supply level. I would really like to see that gap get filled and take a sell at the order block. buy my eye is also on a possible entry at the 75% fibb level.
