NZDJPY Trend Reversal OpportunityOn the 1-hourly chart, it looks like a regular shorting opportunity with Key Resistance Level retested at the almost perfect, but potential BOJ Intervention zone, so for traders of all kind to ''try their luck!!''
However, on the Grand Scale of things, and it is a Type2 Bearish Shark Pattern on the Daily Chart.
After I'd include the buffer, I the market hit Price Action Level at 94.00, hence, I'd to push my SL 10pips away, but making it 94.10.
Let see how the market moves before the New York Session ''opens''
JPYNZD trade ideas
NZD/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
Previous week’s green candle means that for us the NZD/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 92.139.
✅LIKE AND COMMENT MY IDEAS✅
investing is better than tradingIn this video, I highlight how to use an investor's approach in the financial markets in two ways.
The first way is through what I call the "Thomas Wood" Way of entering positions that side with the market trend after price breaks out of a correction that suggests continuation of the trend.
The second way is the way I learnt to see the market movement between buyers and sellers, demand and supply - also following the trend of the market.
Trading every move that the markets present to you is deadly as it can lead to confusion, losses and tiring your self mentally and emotionally, whereas only looking for opportunities that show or suggest that the market is continuing its original flow is easier and results in more progress.
A word of caution though, is that you have to be patient when using this approach (P2+BU) as it does take time to go into effect.
the price is trading above the Ichimoku cloud NZDJPY LongThe buy zone seems solid as the price has been rejected multiple times in the past. I do notice that the price is trading above the Ichimoku cloud, which is a good sign of bullish momentum. Let's see how this plays out
Potential Trade Opportunity:
Currency Pair: NZDJPY
Position: long
Risk to Reward Ratio: 3R
Trade Parameters:
BUYLIMIT:
Entry Point: 93.354
Stop Loss: 93.29
Take Profit: 93552
Disclaimer:
This trade signal is provided for informational purposes only and does not constitute financial advice. Trading in the forex market involves substantial risk, and past performance is not necessarily indicative of future results. The provided entry, stop loss, and take profit levels are based on analysis at the time of publication, but market conditions may change rapidly, leading to losses. Traders should conduct their own research and consider their risk tolerance before executing any trades. We do not guarantee the accuracy or completeness of the information provided, and we shall not be liable for any losses incurred in connection with this trade signal. It is recommended to consult with a qualified financial advisor before making any investment decisions.
NZDJPY SELL signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
NZD/JPY BANK BEARISH SCALPING ROBBERY PLANMy Dear Robbers / Traders,
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Some Of My Entries And Reasons , How I Made +1000 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.