daily shart shows inverted head shoulder pattern and did not renew lower low not Financial advice
BNB is currently in gray wave 4 correction. At the moment, it seems that this is a triangle formation. Nevertheless, this is not a good price for a trade, since the stop loss would have to be way down, and wave 5 could be short (since 3 was extended). In case we get a deeper pullback, I'll look for long trades. If not, I'll wait for wave 5 and a larger correction.
All trades are based on pure price action. i do a top down analysis to gain weekly, daily bias. i then use 4 hour price action with 1 hour time frame for entry.. ACTION ,CORRECTION ,REACTION. these ideas are not trading advice. i am not a professional trader.
Die Aussichten für den neuseeländischen Dollar (NZD) sind schwach, hauptsächlich aufgrund der aktuellen Gesamtsituation und des Zinsentscheids der letzten Woche. Dieser hat zu einem Abwärtstrend für den NZD geführt. Auf der anderen Seite wird der japanische Yen (JPY) aufgrund des "Risk Off"-Szenarios stark nachgefragt, da Investoren in unsicheren Zeiten oft...
Hello Everyone, Long-term prospects for NZD/JPY remain bullish, despite its current oversold condition. Both monthly and weekly support levels have demonstrated resilience, suggesting a potential for further upside. Confirmation of continued upward movement hinges on the price maintaining a comfortable position above the monthly pivot point (1M PP). Nonetheless,...
Trade of trades, I opened a position on Friday, but you're still on time. I'm warning you, you need to be very patient for this and have a unique personality. I'll try to handle it, I already put in my mind that it could take weeks until the break out and no matter what happens I'm holding. I recommend to open a small position and add at every drop or whenever you...
Hello,Friends! We are now examining the NZD/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 89.913 level. ✅LIKE AND COMMENT MY IDEAS✅
#NZDJPY Buy Idea ................................................................
WEEKLY - Weekly highs - Last week bearish rejection candle - Bearish impulse and multiple rejection candles - (!) uptrend DAILY - Head and shoulders - Bearish W starting from shoulder region - Bearish rejection candle - Bearish MS 4 HOUR - Head and shoulders
Waiting for a trend line rejection, a rejection from the supply zone and 30m bearish FVG to continue the downwards trend to the 1 hour demand zone
NZDJPY is neutral on its 1D technical outlook (RSI = 54.679, MACD = 0.060, ADX = 31.385) as it trades between the 1D MA50 and the 1D MA100. Despite the neutrality, the price sits at the bottom of the Channel Up pattern, having made its 2nd contact this month. The 1D MACD has been squeezed and is past a Bullish Cross, which has been a buy signal inside this pattern...
NZD/JPY Potential Buy & Sell opportunity on NZD/JPY. NZD/JPY Rally may continue and pushing HH so wait for Pullback and Buy on demand zone for Next Trade Rides.
NZDJPY has hit our stop loss, but there's no need to worry. With approximately 9 minutes remaining on the current H1 candle, I'm looking for price to form a significant bearish candle, similar to the example I've illustrated. If this scenario plays out, I'll enter another short position. We'll have to wait and see how this trade develops. If I get stopped out...
NZDJPY formed a huge bullish flag pattern on a 4H time frame. Its resistance was successfully broken yesterday and we see a positive, bullish reaction after a retest. The market may keep growing. Goals: 91.9 / 92.2 ❤️Please, support my work with like, thank you!❤️
Dear Traders, I have identified a compelling trading opportunity on the NZDJPY currency pair. The price has recently reached a significant resistance level on the H4 time frame, currently trading near 91.500. This level presents a favorable point for price action to initiate a bearish move. I anticipate a continuation of the downtrend from this point. To manage...
Here is my perception on NZDJPY. Read the caption and risk what u can afford to lose. please be free to share you views...