Hello traders! This is a Tag&Go setup short, a sell stop order, set and forget style is right on the red line at 69.036 The red circle is the stop and 1st and 2nd targets are in green below. Best, Jay
After rate decision RBNZ. Note: Open as my position trade.
On the 15M we have a divergence play short setting up now for 35 pips. Daily chart set up for a drop as well regardless of yesterday's close, see if it plays out that way.
ANALYSIS ON NZDJPY Welcome to my analysis - 30Min CHart - Interesting Point of interest In the NZDJPY pair. - Price above 200 day EMA. - Buy reversal. - Expecting more Upward momentum. - Watch 70.100 for take profit. Stay Tuned
NZD/JPY SELL LIMIT ENTRY 1 69.760 ENTRY 2 69.890 Sl 70.099 Tp.1 69.560 Tp.2 69.280 Tp.3 68.900
NZD/JPY SHORT (sell) Sell NZD/JPY Entry 68.800 Entry 2 68.920 Sl 69.120 Tp.1 68.460 Tp.2 68.210 Tp.3 67.900 ROUND 3 lets get it
NZD/JPY Should do a bounce back to test Resistance one more time, where we are looking to short it once again We will be using the same parameters as previous call yesterday This time both are sell limits NZD/JPY SELL LIMIT Entry 68.650 Entry 2 68.800 sl 69.100 tp.1 68.350 tp.2 68.100 tp.3 67.900 Risk management please .01 or .02 for every 100
Price found support @67.5 making a Higher Low on the daily chart. I expect a Higher High from this point forward at least to the next historic Support/Resistance level @70.4 and maybe Price will flourish even higher close to 72.0 hitting the long term Down trend line.
My strategy is based on currency strength, trends and technicals
Larger resistance across the top with a divergence turn that breaks an ascending trend line at 3 points, detailing lower high's. Stop set at 25 for a RR of 1:1.
This pair has recently bounced off a major daily support (red zone) and has started the 4th leg of the Harmonic Bat Pattern. We are predicting the Harmonic Bat Pattern will be completed and we are looking for price action to move towards the upside from this point. A trend line on the 1 hr chart has been breached giving our analysis and strategy validation. We...
NZD/JPY is failling to make a push up on the 1H chart. It has broken under the 50 EMA of the 1H chart. As long as it holds as support, the sell is active. We can expect the pair to drop to the last low to find it's support for another push back up. This is a day trade. Wait for good confirmation of the move and enter. Trade safe.
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...
Disclaimer - I could be wrong/Trade at your own risk...
NZDJPY continuous downtrend. -> SELL