We see the price consolidate at current level and than fall - We take short position at 81 and book profits at 80.
Expected short due to double top in 4H chart
Hey guys, after being correct in predicting the upward move on this pair (see attachment) we took our profit near 83.00. Now i changed my mind, just watching price action. I'll explain you why. Basically we are testing a strong resistance zone, both in the daily and in the weekly, therefore we could expect some strong resistance here. In addition to that, we also...
after a long time i saw a good setup .NZDJPY D1 Bearish pi bar very huge move soon
Broke the trend line on Friday and closed below the weekly trend line Happy Trading :)
Hi guys! NZDJPY is reaching a key area, and it's time to look for short here. We have many reasons for that, as: divergence and overbought RSI, fib levels confluence and supply zone. All as shown in the chart. Like if you agree, support and follow please!
We can see that NZD/JPY did big movement and made a new high and broke the last triangle pattern this up trend movement should see a long or medium correction before continue the way for 90.00 NZD/JPY
Short after retracing from the 2nd leg of the double top Entry: 80.79 SL: 81.261 (-47) TP1: 79.76 (+102) TP2: 79.35 (+143)
Short on NZDJPY #H1 based on Double Top For confirmation, I will wait for the a bearish candle to close below the open of the previous one. Safely, I will place my order as below: Entry: Sell Stop @81.05 SL: 81.55 (-50) TP1: 80.41 (+64) TP2: 79.88 (+117) Good Luck and Trade Safely
ON THE DAILY CHART WE HAVE PRICE BREAKING OUT FROM THE SUPPORT TREND LINE. WAIT FOR PRICE TO RETRACE BACK TO 73.249 AND SELL FROM THERE. STOPS LOSS AT THE 75.871 LEVEL. FIRST PROFIT TARGET IS 72.216. SECOND PROFIT TARGET IS 67.980.
Short this here 75.86 TP 73.73 SL 76.10 pending buy limit 73.73
Here we can see nzdjpy pair giving many rejection on daily chart around 75.6-75.8 level. and making bearish candles. so advice to sell in range of 75.5-75.9 SL above 76.3 TP 74