NZDJPY GBPJPY SHORTretested up, pair is heading down. following USDJPY. going short here on Peak here would be catch to daily short , would be GEM
Cheers,
NZDJPY trade ideas
✅NZD_JPY SWING SHORT🔥
✅NZD_JPY broke out of
The narrowing wedge pattern
And the breakout is confirmed
So we will be expecting
A bearish continuation
SHORT🔥
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Short in NZDJPYI am currently in a short position on the NZDJPY currency pair. This decision is based on the technical and fundamental analysis I have conducted, which indicates that the price has reached a key supply zone.
Upon careful observation of the chart, I have identified that the price has reached a significant resistance level, suggesting a high probability that the bearish trend will continue or even intensify. Furthermore, the technical indicators support this outlook, showing bearish divergences and signs of bullish exhaustion.
Additionally, considering the fundamental landscape, the Japanese economy exhibits signs of strength, while New Zealand's economy is in a relatively weaker position. This could translate into increased demand for Japanese yen and downward pressure on the New Zealand dollar.
In conclusion, my current strategy involves maintaining a short position on the NZDJPY, capitalizing on the supply zone and the technical and fundamental signals that support a bearish trend. I will closely monitor market movements and adjust my trading plan accordingly to maximize profits and effectively manage risks.
SELL NZDJPY 💲💀💲 №305FX:NZDJPY
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NZDJPY: Bearisdh Breakout ShortPrice broke out of the rising wedge pattern to the downside.
As you can see, the RSI indicator is also in the oversold territory.
I believe we might see a pullback to test the overlap resistance zone which also aligns with the 50% Fibonacci retracement.
From where I would be anticipating a bearish rejection driving price to the 1st support level
NZDJPY, Personal Favorite Model for Selling Short this PairHello Traders, Hope you Guys are enjoying your Holidays during this winter season.
i just came across one of my favorite model trade setup on NZDJPY pair for selling short above 90.43 and target around 87.70 or below levels with a Solid stoploss placement at 91.52 level.
This is going to take time to pan out as we are in slow mode and holidays period of the calender year. so have patience and risk little % of your capital .
Wish you a Very Merry Christmas's and Happy New Year
Rizwan Ali
NZD/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
We are targeting the 90.142 level area with our short trade on NZD/JPY which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
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KEEP IT SIMPLEHey Traders,
Many are focused on US News that comes this afternoon.
Mostly, that's because a change in inflation can cause a large chance in the decision making for the Central bank in that economic zone.
The USD has persistently gained value over time, causing a sustained downtrend. With every pull up, comes a following pull down. The last being relatively recent and not causing an enormous immediate fall.
NZDJPY Buy IdeaFollowing a careful examination of trend exhaustion and RSI levels, Uncle Jake provided thoughtful counsel and suggested considering various factors before making a Buy decision.
KEEP IT SIMPLEHey Traders,
Many are focused on US News that comes this afternoon.
Mostly, that's because a change in inflation can cause a large chance in the decision making for the Central bank in that economic zone.
The USD has persistently gained value over time, causing a sustained downtrend. With every pull up, comes a following pull down. The last being relatively recent and not causing an enormous immediate fall.
NZDJPY: Bullish Divergence and Fib Retracement Signal Potential📈 Overview:
NZDJPY, amid a bullish trend, shows a bullish divergence near its higher low. The current retracement from the 0.618 Fibonacci level suggests potential upside.
📊 Technical Analysis:
Bullish divergence and retracement from 0.618 indicate a favorable risk-reward ratio for potential long positions.
📉 Trade Strategy:
Traders may consider long positions, with entry near the current retracement level, anticipating an upward move.
🛑 Risk Management:
Mitigate risks with stop-loss orders to protect capital in case of unexpected price movements.
📈 Conclusion:
NZDJPY offers a concise opportunity for further upside, supported by bullish signals. Monitor for confirmation and adjust positions accordingly.
NZDJPY Hello friends
In the NZDJPY currency pair we see the formation of a triangle.
Triangles always appear in wave 4 or B in a zigzag.
Considering that the previous wave of this triangle is a complete 5-wave, then we are facing a zigzag.
Usually, in triangles, a wave can be a triangle or a zigzag. But weakness in wave E is always accompanied by overlapping and absence of strong candles, all of which are visible.
Therefore, our trading plan is to enter a sell trade with the condition of breaking the upward trend line at the bottom of this triangle.
Dear friends, if you want to know about my analysis quickly, please install Mobile Trading View software on your phone.
Thank you for your support, likes and boosts.
Be successful and profitable.
NZDJPY Trading Strategy 1NZDJPY is making a rising wedge and is unable to break a specific resistance zone and will probably go in a downtrend if it breakdowns the previous Support Level.
NZD/JPY BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
It makes sense for us to go short on NZD/JPY right now from the resistance line above with the target of 89.803 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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Advanced Trendline Trading TechniquesCheck out these advanced trendline trading techniques for NZDJPY.
If you're seeking a counter-trend trading opportunity, watch out for a Magic Candle Confirmation (MCC) on the Bearish Trendline.
This will signal an entry point for a short trade.
Once the pair touches the next trendline, consider shifting your stop to entry and decide whether it's a satisfactory point to exit the trade.
What's your trade plan for NZDJPY? Share your thoughts!
Sell NZDJPY Triangle BreakoutA bearish triangle pattern has emerged on the NZD/JPY 30-minute chart, signaling a potential decline in the pair's value.
Key Points:
1. Triangle Breakout Pattern:
The pair has been consolidating within a triangle formation, characterized by converging support and resistance lines. This often indicates indecision before a decisive move.
2. Sell Entry Opportunity:
A break below the lower support line of the triangle, around 90.10, could signal a bearish breakout and offer a potential sell entry.
3. Bearish Targets:
If the breakout materializes, initial bearish targets could be found at the support levels of 89.56 and 89.20.
4. Resistance Level:
The resistance level at 90.40 may act as a barrier to further upward movement, reinforcing the potential for a downside breakout.
5. Risk Management:
A stop-loss order could be placed above the upper resistance line of the triangle to manage risk in case the breakout fails.
Fundamental Updates :
Weaker New Zealand Trade Data: New Zealand's trade deficit widened in December, potentially weakening the Kiwi Dollar against the Yen.
Risk Aversion: Recent geopolitical tensions and concerns about global economic growth could trigger risk aversion, pushing investors towards safe-haven currencies like the Japanese Yen.
Thank you
NZDJPY LONGI am expecting NZDJPY to BUY LONGTERM to a resistance level of 94.000 because there was resistance that was broken and is now a support
NZD/JPY GOOD SELLING AREAWe are in a good SALES area in this pair, we can enter the market in areas close to 90,170📈📈
success to all, visit my profile in Spanish to see the other operations✅ 😄📲
COME ON!
NZDJPY: Long Signal Explained
NZDJPY
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy NZDJPY
Entry Level - 90.028
Sl - 89.800
Tp - 90.560
Our Risk - 1%
Start protection of your profits from lower levels
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NZDJPY Will Go Higher From Support! Long!
Here is our detailed technical review for NZDJPY.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 90.081.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 90.560 level.
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 ____ INCOMING BEARISH MOVEHello Traders,
If you zoom out and look at the weekly timeframe, you will notice that price is at a significant supply zone and we should be expecting a nice move downward from that level.
Although the monthly timeframe remains bullish, this should be a nice short move.
Cheers,
Jabari
Symmetrical Triangle on NZD/JPY @ H4As you can see, the long-term upward trend in NZD/JPY has consolidated into a symmetrical triangle pattern on the H4 chart. I will use this formation for a trend-continuation breakout setup. My potential entry is marked with the cyan line, which is located at 10% of the triangle's base width above the upper border. My take-profit will be at the green line, which is located at 100% of the triangle's base width above the upper border. I will set my stop-loss to the triangle's lower point (90.348). I will ignore downside breakouts from this trend-continuation pattern.
