Right now the pair is below the Weakly Support point Overall the trend is in downtrend but it is on a consolidation fase. The pair might retrace around 0.5 to 0.6 fib point Before it decide it's new trend. I will go long around 72.400 I will go for a short position if it cross 71.390 >>Take profit point if it goes long is around 0.5 to 0.6 fib point >> Take...
NZDJPY looks to be in a quite healthy trend at the moment. With the daily candles closing quite bullish, I believe we may still have a bit of an upside to see. We may very well be in a current Elliot Wave with this wave being the corrective wave number 4. A retracement to the .236 - .382 fib level would be nice to see & it could make for a nice R/R ratio,...
Short term sell on NZD/JPY - Shorting the pullback of the bullish trend as it hasn't yet found the foundation to make the push higher up. *This is a day trade and a Risk:Reward ratio of 1:1.
this is a nice set up and a bumoer reward to risk ration
SEE SCREEN FOR SIMPLE INSTRUCTIONS. ONLY JOIN IN ONCE THE BREAK OCCURS See previous analysis PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Range resistance is broken and I expect to see pull back to the (new) support level and then long for the new bullish leg. If I got SL, I'll be looking to take another buy around 72.20. NZDJPY BUY LIMIT 74.40 SL 73.90 TP 75.00 TP2 75.50 TP3 77.70 www.trade-insider.com
NZDJPY / H1 / (Harmonic Trade) Trade with care and use good money management.
NzdJpy Daily timeframe - I see a pending pullback for this pair into the daily demand area for potential longs in the near term.
THE EXPECTED REVERSAL HAS NOW OCCURRED NOW EXPECTED THIS TO MOVE UPWARDS TO THE PREVIOUS HIGH SEE PREVIOUS ANALYSIS I APPRECIATE ALL LIKES, COMMENTS AND FOLLOW FOR MORE
I AM EXPECTING THIS REVERSAL INTO THIS RESERSAL RANGE BUFOR WE CONTINUE OUR UPTREND. FOR ALL THAT ARE FOLLOWING I AM SURE YOU WOULD HAVE SEE HOW GOOD THIS HAS GONE. SEE PREVIOUS ANALYSIS BELOW LIKE, FOLLOW AND COMMENT
Price made a exhaustion on a strong support area. I`m going long.
NZD/JPY is making new lows and has currently broken the 200 EMA on the 4H chart. We have 2 reversed hammer one by the side of the other meaning there is strong weakness. For the next breakdown to begin right away, prices would have to not break the 200 EMA on the 4H chart (Which is the last high of the 2 reversed hammer candlesticks). If it does break the 200...
Price is located in a strong sell sensitivity area. Left us a good Pin Bar on the daily chart, and made a triple top on the 4h chart. I`m going short.
Shown in this example is the Monthly timeframe of the NZDJPY where we are currently sitting at the potential formation of a right shoulder in a reverse head and shoulders pattern. At the moment this market is showing respect for the low that was established at the left shoulder right around the 73.11 level. The ability for this market to stay above the left...