NZDJPY bearish idea on 1HPair have created bearish divergence on critical resistance level + sentiments are 92% short, sell stop entry planned on break of neckline
JPYNZD trade ideas
NZDJPY: Expecting Bearish Movement! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current NZDJPY chart which, if analyzed properly, clearly points in the downward direction.
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NZD/JPY BEARS ARE STRONG HERE|SHORT
Hello,Friends!
NZD/JPY is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 90.483.
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nzdjpy tripple bottom on support line bounced of fibit had a nice run to the swing high, it had a correction to the .618 fib which is a healthy retest showing bullish behavior for a continuation
the adx lowered out and is now recovering showing we should be able to resort to trend following tactics soon
Bullish PullbackMonthly is bullish,
Trying to align Daily on the Monthly trend by pulling back on a resistance turned support.
NZDJPY to find buyers at current support?NZDJPY - 24h expiry
Trading within a Bullish Channel formation.
Dips continue to attract buyers.
The hourly chart technicals suggests further downside before the uptrend returns.
A lower correction is expected.
Bespoke support is located at 91.30.
We look to Buy at 91.30 (stop at 91.00)
Our profit targets will be 92.05 and 92.25
Resistance: 91.90 / 92.20 / 92.40
Support: 91.30 / 91.00 / 90.70
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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NZDJPY LONGTrend continuation trade Uptrend
Candlestick "Bullish Engulfing Pattern 4H in Trend direction"
Above Psychological Support moving to resistance
Fundamental
Strength on JPY
RR 1: 2.5
Entry 91.300
Stop 91.000 35pips
TP1 91.670
TP2 92.000
Risky Long Setup On NZD/JPY To Get 200 Pips !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.
NZDJPY-1h- BearishDivergence on RSI at the top
Down Trend confirmation after the top
Bearish rectangle
Price fluctuating currently in range
Entry - 91.120
SL - 91.446
TP - 90.794
Bullish Outlook for NZDJPY Despite Near Previous HighHello Everyone,
Despite NZDJPY nearing its one-year previous high at 91.871, the projected trend remains strongly bullish and is anticipated to continue persistently.
TradeWithTheTrend3344
NZDJPY: Bullish Trend Will Continue 🇳🇿🇯🇵
NZDJPY is trading in a long-term bullish trend.
The price has recently set a new higher high higher close on a daily.
We see a correctional movement at the moment.
I believe the growth will resume soon.
Next resistance - 92.0
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NZDJPYlooking to SELL, GOOD RATIO, ill be monitoring the behavior and delivery into my area of interest
AGAIN ILL BE MONITORING BEHAVIOR BEFORE MAKING ANY DECISIONS
Plus this is an areas of interest once price get there that's when I start looking for Any of my entry models to take place on the lower timeframes while taking into the account the TIME to PRICE relationship
NB: REMEMBER THE 4 MARKETS COMPENENTS
TIME
OPEN INTERST
VOLUMN
PRICE
NZDJPY - ShortOANDA:NZDJPY short trade setup. After a good bullish trend. RSI made divergence and trend seem to be reversed. Trade opened with SL above HH of bullish trend
NZDJPY BEARS TO TAKE OVERHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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NZDJPY BEARS TO TAKE OVER 📚
👉As we can see price is still overall bullish trading inside this rising channel, However, price is sitting around our upper bound of the channel acting as an over-sold zone, adding on around a strong resistance zone.
👉Meanwhile, on lower time frame, price is still overall bullish, and for the bears to take over, we need a break below the marked swing low, then a movement lower would be expected as a correction one.
👉And as usual 1-2 risk to reward ratio from a risk management perspective.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
NZDJPY-bias long Bullish indications:
HHHL
Bullish flag break out.
Resistance is broken at 91.825
Inverted hammer and bullish engulfer candles in 1 hr time frame.
Bearish indications:
Bearish divergence.
Trade plan bias long @ 91.827
SL:91.636
TP1:92.029
TP2:92.198
NZDJPY...BUYOANDA:NZDJPY LONG position can be taken in the specified area
There is no position before the area
NZDJPY short move
Price has broken our support zone and hence i expect a continuous fall in price towards our 1st support level.
NZDJPY in a daily uptrendNJ currently experiencing an uptrend on a daily basis but has been going sideways for some time on the four-hour chart (h4). It is possible that NJ might look for the bottom yellow line before continuing its upward trend. However, ultimately, NJ is expected to move towards the North direction. The trades I made at this point are debatable, and this decision might cost me some swaps on my demo account.
DeGRAM | NZDJPY AB=CD pattern completionNZDJPY has been in a bullish trend in an ascending channel. The market completed the AB=CD pattern.
It might be time for retracement. Usually, the price makes a 1/3 pullback following the completion of the AB=CD pattern.
We expect a sharp move down to retest the support 38.2% fibo level.
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NZD.JPYIf the price returns to 91.85 and create double top pattern , the opportunity to sell in the New Zealand dollar-Japanese yen currency pair is expected.
NZDJPY SELL AREA.nzdjpy is in sell area.
So, now we need to look the opportunity to follow this pair going down.
I´ll wait till end of the day, o possible tomorrow morning to put the sell order this friday evening.
Good luck.
NZD/JPY BullishThe NZD/JPY has recently attained a modest peak, indicating a potential retracement to the 90.76 level where substantial support is anticipated. Should the price successfully hold at this level, there is a strong likelihood of a significant upward movement. This is particularly noteworthy as Yen Futures are exhibiting notable weakness. Members, prepare yourselves for potential favourable market conditions! Chris
