Buy NZDJPY 02/04/2024I am long NZDJPY at market
SL: 90.09
TP: 92.77
I am only sharing my trades, not recommendation to enter the markets.
NZDJPY trade ideas
NZDJPYNZDJPY is in a downtrend. marking a trendline on lower highs indicates the price will either touch the trendline and reject from there or will continue its downtrend from here. therefore we can see for a potential short trade.
NZDJPY to form a lower high?NZDJPY - 24h expiry
The primary trend remains bearish.
The sequence for trading is lower lows and highs.
Rallies should be capped by yesterday's high.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 90.60.
We look to Sell at 90.60 (stop at 90.84)
Our profit targets will be 90.00 and 89.85
Resistance: 90.60 / 90.80 / 91.10
Support: 90.20 / 89.90 / 89.60
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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.
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NZDJPYNZDJPY is in strong bearish trend.
As the market is consistently printing new LLs and LHs.
currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL.
What you guys think of this idea?
NZDJPY Channel Up Buy SignalThe NZDJPY pair is on a Bearish Leg of the long-term Channel Up, below the 1D MA50 (blue trend-line) but above the 1D MA200 (orange trend-line), which is the long-term support. In fact the latter has been holding since June 02 2023.
The minimum Bearish Leg decline within this pattern has been -3.77% so having almost completed this fall during the current pull-back, we now turn bullish on this pair, targeting 94.500 (+5.44% rise, which has been the minimum % increase of Bullish Legs within this pattern).
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NZDJPY Uptrend still our friendOn higher time frames we can identify which direction we're currently in. I'm entering due to market structure shift and change of character on our lower time frame (5 min). Around 90.577 there is liquidity which will be a target at some point and a supply zone. My entry @90.220, TP @90.577. Good luck!
NZDJPY ____ INCOMING BULLISH MOVEHello Guys,
This pair created a swing low just above the weekly orderblock, it rallied inducing early buyers now it has retraced into the weekly orderblock.
I like the look of the monthly & weekly timeframe structures and I'm biased that this pair will rally this month.
Endeavor to keep this pair on your radar.
Follow for more updates like this.
Cheers,
Jabari
✅NZD_JPY NEXT MOVE|LONG🚀
✅NZD_JPY will soon hit
A long-term rising support line
While trading in an uptrend
So we are bullish biased
And we will be expecting
A bullish rebound
LONG🚀
✅Like and subscribe to never miss a new idea!✅
NZDJPY - Bearish TrendNZDJPY in declining phase with sell limit through fib (90.360), SL and TP 1 & 2.
NZDJPY - ShortBearish Trend which is respecting the trend line. Looking to take trade at 0.38 Fib Level.
NZDJPYThis Weekly FORECAST
Opportunity for NZDJPY. This setup trading idea is for swing. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
NZDJPYI saw the pair bounce off a couple of times on that trend line.
definetly, we hope for a buy
trade safely
leave your opinion on the comment
trader ernest
NZDJPYprice couldnt break below the zone highlighted below
so im expecting price to go higher, to the zone or order block that started the move
trade safely
leave me your opinion in the comment
trader ernest
NZDJPYWe looking for buying opportunities as the market has broken the falling wedge resulting in confirmation of buys since the market is respecting the support zone-1H TIMEFRAME
