After this trade I retireTrade of trades, I opened a position on Friday, but you're still on time. I'm warning you, you need to be very patient for this and have a unique personality. I'll try to handle it, I already put in my mind that it could take weeks until the break out and no matter what happens I'm holding. I recommend to open a small position and add at every drop or whenever you feel comfortable. Is a long run, is a chess game. Only the persistent will win.
NZDJPY trade ideas
NZDJPY - SELL
BOJ Interest rate is As Expected 0.10%
So nothing Changed
They raised it already had a couple of Interventions and it still pushed back up
So Carry Trade is still on as if it wasn't any way
Jappan can't win this one
Has Crossed Point of Control
Larget longterm is up
But for now I think People will be taking profits
London to open 25 mins
NZDJPY - BEARISHNZDJPY has just completed a reversal pattern with a bearish divergence. That improves the potential of a coming bearish trend so lets hope for good. I will play safe and put a pending order incase the trend reverse its direction. So lets hope for good. Thanks
My Positions
Sell Stop : 96.53
Stop Loss : 97.26
TP : 95.8000
Sell NZDJPY Wedge BreakoutThe NZD/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry : Consider entering a short position around the current price of 96.70, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 96.17
2nd Support – 95.82
Stop-Loss: To manage risk, place a stop-loss order above 97.20. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
NZDJPY: Bearish Continuation & Short Signal
NZDJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell NZDJPY
Entry - 97.104
Stop - 97.512
Take - 96.391
Our Risk - 1%
Start protection of your profits from lower levels
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NZDJPYFUNDAMENTA; NZD LONG 56 SHORT 44
JPY LONG 12 SHORT 12
SENTIMENTAL ;BEARISH SELL SIDE
TECHNICAL ; have given break out on retracement will be having good support from volume spark and consolidation zone ,is following bullish flag pattern at 4 HR chart
no bearish divergence
trade levels as described in analysis
trade at your risk
NZDJPY: Time to Buy 🇳🇿🇯🇵
NZDJPY broke and closed above a key daily structure resistance.
After a breakout, the market started to consolidate within a narrow range on a 4h time frame.
A retest of a broken structure triggered an impulsive bullish movement
and a violation of a resistance of the range.
It gives us a strong bullish confirmation.
I think that the pair will reach 97.5 level soon.
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NZDJPY Is Bullish! Buy!
Here is our detailed technical review for NZDJPY.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 96.950.
Taking into consideration the structure & trend analysis, I believe that the market will reach 97.390 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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NZDJPY Technical Analysis and Trade Idea into the London OpenIn our video, we analyzed NZDJPY using technical methods. Currently, we’re closely observing price movements as discussed in the video. Our main goal is to identify an optimal buying opportunity within a critical support zone. This decision will depend on how well the price action aligns with our analysis from the video.
As always, our video offers valuable insights on trade entry points, trend analysis, market structure, and price behavior. Remember that this content is purely educational and should not be considered financial advice. 📈🚀📊
Potential bullish rise?NZD/JPY has just broken out of the pivot and could rise to the 1st resistance which aligns with the 161.8% Fibonacci extension.
Pivot: 96.75
1st Support: 96.13
1st Resistance: 97.57
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
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NZDJPY - 4hrs ( Buy trade target Range 180 PIP ) 🔻Pair Name : NZD/JPY
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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🔻 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
🔻Key Technical / Direction ( Long )
Type : Mid Term Swing
———————————
✔️Bullish Break
96.800 Area
reasons
- Choch Zone
- Visible Range Hvn
- Major Turn level / D
- Fibo Golden
- Fixed Range Hvn
✔️Bearish Reversal
98.500 Area
Reasons
- Major Turn level
- Visible Range Hvn / D
- Pattern Target
- Major Choch
- Fibo Golden Zone
NZD/JPY BEARS ARE GAINING STRENGTH|SHORT
Hello,Friends!
NZD/JPY is making a bullish rebound on the 3H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 96.096 level.
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Nzd/Jpy Sell IdeaNzd/Jpy made this huge high on the daily time frame.
Im looking at the Hour 4 Chart and I see a bunch of swings all together in a range.
I believe this mess is a correction after the swing high!!
So now Im going to try to sell...
The current Resistance area on the day chart is from 96.600 to 96.800
The stop loss should be a little higher than this...
So this idea is based upon "support and resistance" ...
The Correction has been identified on the Hour 4 time frame...
So your basically waiting for a sell signal to sell...
Wait for bearish movement and enter the trade with your entry indicators.
Good Luck
NZDJPY: Range Trading - LONG and RiskyNZDJPY: Range Trading - LONG and Risky
The price is showing the possibility for another bullish wave inside the pattern.
However, this is going to be risky this time as long as we have BOJ during the coming week and the market may speculate that BOJ may take further actions.
Considering also that the are not consistent in their comment the market can push the price up again in order to develop the pattern more and can wait for BOJ near to the top again.
You may find more details in the chart!
Thank you and Good Luck!
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NZDJPY is Bearish - SellI will be watching patiently to see how the situation develops with NZDJPY to short the pair. The price is currently at a strong monthly resistance. The last time the price was at this level was in July 2007, and I envisage that the price cannot break above this level on the first test.
My bearish outlook is further reinforced because the weekly candle closed bearish.
My first target is 94.000.
If you are a patient trader, you could target 90.000.