NZDJPY - 24h expiry
Indecisive price action has resulted in sideways congestion on the intraday chart.
RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending.
Risk/Reward would be poor to call a sell from current levels.
A move through 90.60 will confirm the bearish momentum.
The measured...
MARKET PHASE
OANDA:NZDJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above...
This week, I'm looking at NZDJPY with a bearish perspective, and here's my trade plan:
1. Bearish Shark Pattern Confirmation at 91.74: I'll be patiently waiting for the Bearish Shark Pattern to confirm at the level of 91.74. This level coincides with the formation of a Head & Shoulders pattern, adding confluence to the bearish setup.
2. Extended Trading...
MARKET PHASE
OANDA:NZDJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
There was a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDJPY - 24h expiry
The correction higher is assessed as being complete.
Price action has continued to trend strongly higher and has stalled at the previous resistance near 91.15.
We expect a reversal in this move.
Risk/Reward would be poor to call a sell from current levels.
A move through 90.90 will confirm the bearish momentum.
The measured move target is...
NZDJPY has given the clean breakout of long term consolidation and strong bullish divergence indicating the buyers are getting ready for strong upside move. And now the market is retesting the broken level. sellers seems to be exhausted.
if this breakout holds the next upside targets will be 92 followed by 93.
Hello,Traders!
NZD-JPY is already making
A rebound from the long-term
Rising support and the pair
Is in a strong uptrend so we
Are bullish biased and
We will be expecting
A further move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
✅NZD_JPY is trading in an uptrend
Along the rising support line
Which makes me bullish biased
And the pair is about to retest the rising support
Thus, a rebound and a move up is expected
With the target of retesting the level above at 91.500
LONG🚀
✅Like and subscribe to never miss a new idea!✅
NZDJPY has formed a head and shoulder pattern on the 4-hour time frame.
📉 Expectations:
Anticipate the pair to re-test key support levels as highlighted in the attached chart.
📊 Trading Strategy:
This trade is based on a combination of technical analysis and candlestick patterns. It's a long-term position, so ensure sufficient margin to manage market...
NZDJPY has formed a head and shoulder pattern on the 4-hour time frame.
📉 Expectations:
Anticipate the pair to re-test key support levels as highlighted in the attached chart.
📊 Trading Strategy:
This trade is based on a combination of technical analysis and candlestick patterns. It's a long-term position, so ensure sufficient margin to manage market...
We have been in a short bearish market characterised by lower lows and lower highs, which then got breached and provided us with a shift in structure. Looking for the one directional bullish movement to be corrected and for price to activate the order block for an opportunity to buy in this emerging bullish market. The initial risk is 20 pips and the target is 100 pips...
Hello,Friends!
We are going long on the NZD/JPY with the target of 91.889 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDJPY formed a huge head and shoulders pattern on a daily time frame.
We see a confirmed neckline violation, with a daily candle close below that.
The pair may continue to fall.
Next goal - 90.0
❤️Please, support my work with like, thank you!❤️
Hello traders!
‼️ This is my perspective on NZDJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I want price to make a retracement to fill the imbalance and then to reject from bearish order block.
Like, comment and subscribe to be in touch with my content!
My dear subscribers,
NZDJPY looks like it will make a good move, and here are the details:
The market is trading on 91.313 pivot level.
Bias - Bullish
My Stop Loss - 90.950
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish ) continuation.
Target - 92.129
About Used Indicators:
The average true range ATR plays an...
NZD/JPY has broken below a potential breakout level and could drop lower from here.
Sell entry is at 91.126 which is a potential breakout level (wait for the current 1-hour candle to close below 91.126 for confirmation of the bearish breakout).
Stop loss is at 91.450 which is a level that sits above a pullback resistance.
Take profit is at 90.605 which is a...
