Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, and Support channel for future content. Thank you and happy trading.
Title : NZD/JPY Buy SIGNAL Asset : FOREX Symbol : NZD/JPY Type : Market buy Time Frame : H4 Entry Price 1 : 70.012 Entry Price 2 : 69.980 Stop Loss : 69.712 Take Profit : TP 1: 70.312 TP 2: 70.512 TP3: 70.812 Status : active
unconfirmed ascending triangle. waiting for closing above the resistance zone
NZD/JPY SELL limit ENTRY 1 69.863 ENTRY 2 69.924 sl 70.039 TP.1 69.620 TP.2 69.340 TP.3 69.024
A few factors meet in confluence to form this trade setup: 1. Resistance broken and tested as support 2. Short term up-trend 3. Pullback to the fibonacci levels 4. Bullish engulfing bar completed This type of setup entails buying once the high of the engulfing bar is broken with stops a few pips below the engulfing bar and the target at least 2x that of the...
1. Breakout from support 2. Tested as resistance 3. 21 sma pinned 4. Fibonacci zone pinned 5. Capped trend line confirming bearish trend These are all signs that price is likely to reverse. For this type of setup stops are best placed above the 61.8% fibo level and the target must be at least 2x that of the stop. It is my personal opinion that this pair has a...
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.
Buying at market price 72.467 # SL @ 72.236 and # TP @ 73.217 You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg
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...
Price had respected the resistance level last week and dropped hard after the NZD interest rate was announced. Since then price has pulled back to the 61.8% Fibonacci retracement level and printed a sell signal (long legged doji) I have subsequently sold at market price @ 75.776 with # stop loss higher up where I deem this setup invalidated @ 76.041 and # take...
The resistance level has been holding well and the support trend line broke on Friday indicating possible change in the trend. I will be looking to sell IF the following conditions are met: I have marked with the yellow bar the 50 and 61.8 fibo levels based on the last bearish move. I want to see if this level will be tested and IF a sell signal prints, to...
Respected followers, on daily chart I have found long trend line which indicate bearish mode on NZDJPY. Risk is too small but reward is too big. Its very nice trade to take with little risk to gain big profit. Best of luck
FX:NZDJPY Sell order opened @ market price 76.878 1. Trend line broken 2. Trend line & resistance tested 3. Inverted hammer printed (sell signal) Stop loss just above the high @ 77.373 Target just above a recent high @ 75.782
This pair had reached a key resistance level last week - 75.525 Since then price has rejected the new high by popping a wick to the up side pinning the resistance level: 1. I have noted the swing low at 75.000 as a short term support level 2. Note the marked support lower down at 74.400 3. As long as price is between the 75.525 and 75.000 range I will wait for...
Opened A Sell Trade On This NZDJPY Pair On The Basis Of Trend Continuation. Follow Trade? SL at 78:55 Levels
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.