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JAPANESE YEN / NEW ZEALAND DOLLAR

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JPYNZD trade ideas

NZDJPY LONG Weekly: 1. Bullish market structure 2. Bullish candle close 3. Bullish FIB is active *Expecting break and retest from previous resistance zone that can work as support this time on our advantage Daily: - Double bottom + Bullish M - Natural M + Inv H&S - Very clear S&D zone on our shoulder zone - Corrective retracement to our Daily zone *Bullish impulses are stronger then these from the bears (Impulse + Correction) 4H: - Impulse + correction very clear example here - -68 FC aligns with daily zone *My limit is set on the daily pattern with the SL rules of the trade plan.
Long
by SimonVerlinde
1
NZDJPY H4 / SHORT TRADE OPPORTUNITY ✅ Hello Traders! This is my idea related to NZDJPY H4. We can see a new Weekly High (WH) and now I expect a retracement until the resistance level, considering this move a good opportunity to execute a short trade. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
Short
by GoodTradeST
NZDJPY to form another swing high?NZDJPY - 24h expiry The trend of lower highs is located at 90.50. We expect a reversal in this move. Risk/Reward would be poor to call a sell from current levels. A move through 89.75 will confirm the bearish momentum. The measured move target is 89.50. We look to Sell at 90.30 (stop at 90.70) Our profit targets will be 89.30 and 89.05 Resistance: 90.30 / 90.50 / 90.65 Support: 89.75 / 89.60 / 89.50 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. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA