EliteFxAcademy

NZDJPY – Buyers are close to reaching potencial targets

Education
FX:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY – Buyers are close to reaching potencial targets

Trend: Strong Buy

Support/Resistance:


R2: 74.625

R1: 71.094

S1: 72.945

S2: 72.487

S3: 71.827

Price action:

Following trending idea is headed to new buyers targets, if buyers are able to hold above level S1 and then keep momentum strong. In whole idean, sellers can attact right after market will open or buyers will continue to our previous targets we published before.

Potencial trade idea:

Bulls targets:

T1: 71.094

T2: 74.625

Bears targets:

T1: 71.827

NOTE – We are trading NZDJPY via the preferred trading setups by ELITEFXACADEMY

Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.


Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education


Good trading!

Elitefxacademy

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.