daily shart shows inverted head shoulder pattern and did not renew lower low not Financial advice
As we see in this chart we have a very good resistance area it pushed the price to downside very hard in the last time and after this long movement to upside we need a break and some retracement if we will continue to upside , so i see this is the best place to can sell this pair but for sure it depend on price action , but i think this area will push the prices...
H4 - Bullish convergence Downtrend line breakout Until the strong support zone holds I expect the price to move higher further after pullbacks.
It will be great to have price close above the Greenline with a daily candle. Then look for a candle confirmation after the daily candle close!! Stop-loss below the Greenline. Take profit at the BLACKLINE above. 600pips.
From the up more the buying moment is fading, suggesting to us that selling are coming in to the market.
🚀 Success Alert! NZDJPY Analysis Hits Target! 🎯 Exciting news, traders! Our NZDJPY analysis has hit its target successfully! 📈✨ Our buy position at 90.900 has seen fantastic progress, with the market reaching and surpassing the target at 91.600. It's a testament to the strength of our analysis and the opportunities it presents. But the journey isn't over yet!...
in 1 Hour Time frame NZDJPY creating rising wedge and also create divergence in RSI
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.
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,...
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.