Hello There! Welcome to my new analysis of NZDJPY. In recent times it has to be mentioned that there are only a few forex pair setups that have such a bullish potential as I have spotted it with NZDJPY. This is why I detected all the important price actions, underlying dynamics, and upcoming perspectives that should be primarily considered with NZDJPY. In fact,...
TIMELINE 00:00 Intro 00:52 DCA Entries, TPs, SLs 03:48 Technical Analysis for Novices 08:20 Technical Analysis for the Pros 10:55 BIG PICTURE (21D) 12:27 Boost, Follow, Comment, Join -SL @ 90.00 🚫 SLO2 @ 89.33 ⏳(21D) SLO1 @ 89.00 ⏳ (2D) SSO @ 88.33 ⏳ (2D) TP1 @ 87.80 (shaving 25%) TP2 @ 86.80 (shaving 25%) TP3 @ 86.15 (shaving 25%) TP4 @ 84.90 (shaving...
Our technical analysis of NZDJPY is still in play. The pair has been in a downtrend for the past few months and has recently reached a Supply Zone (SZ) at 86.60 on the 15-hour chart. This SZ suggests that there is strong selling pressure at this level, and it is likely that the pair will continue to decline. The next resistance level is at 86.80, and if this level...
SSO2 @ 86.15 📉 SSO1 @ 85.15 📉 TP1 @ 84.35 (shaving 25%) TP2 @ 83.66 (shaving 50%) TP3 @ 82.33 (closing ALL Sell Orders) BLO1 @ 82.00 BLO2 @ 81.25 -SL @ 80.85 🚫
Hello traders, here's a full analysis on NZDJPY . If you find this educational just drop a like and a comment and also tell me your thoughts whether you agree or disagree with my bias and opinions on the pair.
Hello traders, here's a full analysis on NZDJPY. If you find this educational just drop a like and a comment and also tell me your thoughts whether you agree or disagree with my bias and opinions on the pair.
NZDJPY long position. The pair has broken the previous four-hour high and is now retracing back into our areas of interest. As long as the pair Respects the low, we will be good to enter the market with the correct conformations.
Prices are approaching our support in line with our 50% retracement and 78.6% extension where we could see a bounce above this level.
Prices are approaching our resistance where we could see a reversal below this level. Stochastic is approaching resistance as well.
Prices are facing bearish pressure from our resistance and descending trend line where we could see a further drop below this level. Ichimoku cloud and EMA are showing signs of bearish pressure as well in line with our bearish bias.
Prices are facing bullish pressure from horizontal pullback support which coincides with 100% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push higher towards our take profit which is a horizontal swing high resistance and coincides with 161.8% Fibonacci extension. If prices fall through our buy entry, prices might take support from horizontal...
NZDJPY trade forecast video. We are finally in a buy trade with a backup trade in place.
Price is approaching support where we could see a bounce above this level.
Price is facing bearish pressure from our first resistance where we could see a reversal below this level.
Price is facing bullish pressure from our first support in line with our ascending trend line where we could see a further bounce above this level to our first resistance target.