Double bottomThe price has made a double bottom pattern followed by a breakout and a pullback which came inform of a trendline and now we have a breakout and pullback again, which provides an opportunity to go long
WE ONLY TRADE PULLBACKS
NZDJPY trade ideas
NZD-JPY Will Fall! Sell!
Hello,Traders!
NZD-JPY went up sharply
But then hit a horizontal
Resistance of 85.069
From where we are already
Seeing a bearish pullback
So we will be expecting
A local bearish move down
Sell!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Potential bullish rise?NZD/JPY has bounced off the support level which is an overlap support and could rise from this level to our take profit.
Entry: 83.42
Why we like it:
There is an overlap support level.
Stop loss: 82.42
Why we like it:
There is a pullback support level.
Take profit: 85.16
Why we like it:
There is an overlap resistance level that aligns with the 78.6% Fibonacci retracement.
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Could the price reverse from here?NZD/JPY us rising towards the pivot an could reverse to the 1st support.
Pivot: 85.30
1st Support: 84.12
1st Resistance: 86.71
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NZDJPY TRADE SETUPWait for retest the entry level then take a trade for Buy otherwise skip this setup
a sell setup on Nzdjpyusing smc model we see an untapped breaker block above before price made the impulse downward movement. price created a clear inducement which is our liquidity to take the trade with high RR ratio. cheers guys and dont forget tto tell me what you think.
NZDJPY LONG
[ OANDA:NZDJPY ] is approaching the key resistance zone at AND . I'm watching closely for a valid reaction before considering any position.
** If the level breaks and price retests it successfully, I may consider a counter-directional setup.
NZD/JPY SHORT FROM RESISTANCE
Hello, Friends!
The BB upper band is nearby so NZD-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 83.709.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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(Ultimate Re-Entry) NZD JPY #0016 Short Swing Trade- Its late at night, I am a bit tired to explain in detailed.
- I will write in the note tomorrow morning local time.
NZD/JPY For Bullishwait for pull-back near by entry point and then go long
general trend is down trend
current phase is pull-back
have fun :)
NZDJPY POTENTIAL BUY OPPORTUNITY Price has found a support at the price of 80.899 from the daily timeframe. A buy opportunity is envisaged from the current market price. Target profit is at a resistance level of 87.375
Head and Shoulders The price has formed a head and shoulders pattern and looks to go bearish, we are waiting for the breakout then a pullback and we go short. While posting this am currently in a GBPJPY and AUDJPY trade, check it out. This pair is very stubborn today, LOL!!!
WE ONLY TRADE PULLBACKS
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NZDJPY-BEARISH SETUPNZDJPY is seems to be continue its bearish trend as its moving in bearish channel and continue to print new Ll and LH's.
NZDJPY💡Chart analysis of the currency pair (NZD/JPY) New Zealand Dollar vs. Japanese Yen (daily timeframe). General Trend: The pair is in a downtrend within a descending price channel. Broken Structure: A significant support area was previously broken, and the price is now retesting it as resistance.
If weak buying signals appear (such as reversal candles or divergence), the downward trend is expected to continue. MACD Indicator: We note that the MACD showed bullish buying momentum after the sharp decline, but the momentum has begun to weaken.
⛔️Not investment advice for educational purposes only.
ict liquidity sweep market structure shift fvgict liquidity sweep followed by a market structure shift and entry into fvg
NZDJPY: Market of Sellers
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 sellers, therefore is it only natural that we go short on the pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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NZDJPY clean rejection Looks like a clean rejection from the AOI.
Now we wait for an entry and the right market… no signal no trade.
Let see what happens.
NZDJPY: Market of Sellers
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell NZDJPY.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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nzdjpy looking like a snack this morning might get that close above back into our buy zone to possible retrace to fill some gaps.. before going back into its current bearish trend..
NZDJPY Upside BreakoutPrice has broken to the upside of the Friday high. Looking to trade with existing momentum to the upside, with a tight stop above the recent 1h swing low.
