*please take note that a few hours from now there will be NZD news. This news has potential to cause a breakout. So be careful with taking a position before the news. NZDJPY on the daily time frame shows on interesting setup that can either way. A break of the resistance will cause a nice move further up. However if it bounced back and breaks the lower range a...
FX:NZDJPY : long opportunity, wait for resistance line to cross.
A bearish butterfly reacted before, a bullish butterfly seems to be emerging. Very good R:R at 2.5 (TP1) and 4.2 (TP2). I will update when pattern completes.
Hi Folks, I think it can go from that trendline so watch for it if it breaks and make correction then i will sell.gl:)
On a monthly macro review of the NZD/JPY, it looks like 64.612 will be a good entry for a long. I think were short until this .618 / 1.618 level is reached. NZDJPY
buy NZDJPY on pullback after break trendline using gartley pattern
Buying to test the system, lets see how it turns out. going to post multiple of these to get a approximate accuracy on the system. to try the system pm me.
Long NZDJPY Bullish engulfing on the weekly chart, and broken a down trend line on the daily. Price action also seem to suggest a 2nd shoulder forming. But lets not get too excited until it breaks 83.8. Entry : 77.65 SL : 76.88 TP : 83.6
Hi guys, i've already predicted this rally on this pair a while ago. Now i'm assuming price will continue in the upward direction till it will reach a major structure level. However, with such a trending market it's difficult to get a decent retracement in order to hop on the trend. That's why i'm using this kind of simple pattern formation (flags, triangles,...
Hi guys, i've already predicted this rally on this pair a while ago. Now i'm assuming price will continue in the upward direction till it will reach a major structure level. However, with such a trending market it's difficult to get a decent retracement in order to hop on the trend. That's why i'm using this kind of simple pattern formation (flags, triangles,...
A sharp pole with a consolidation pattern. This resembles me more like a flag structure. If it breaks we it may create new highs.
On the daily time frame NzdJpy has broken out of the upper range. This provides us a nice buying opportunity. When looking at the Stoch Rsi indicator it shows that there is a lot of buying pressure and the Adx indicator shows that there's a strong bullish trend. Take Profit: 79.16 the 1st resistance area. Might hold for futher. Stop loss: 76.70
Hey guys, i do not usually use trendlines in my analysis but sometimes they are useful in order to catch the early stage of a reversal, along with usual structure. The black line represents a strong daily structure that rejected price action as soon as it touched it. Therefore i'm assuming this could be a key point for a big reversal. Now, in this cases i wait for...
Hey guys, i do not usually use trendlines in my analysis but sometimes they are useful in order to catch the early stage of a reversal, along with usual structure. The black line represents a strong daily structure that rejected price action as soon as it touched it. Therefore i'm assuming this could be a key point for a big reversal. Now, in this cases i wait for...
Folks wait for a flag then buy.It may shoot without one but you should always wait for a flag.GL