NZDJPY in a corrective channel.NZDJPY - 24h expiry
Previous support located at 84.50.
Previous resistance located at 85.00.
Broken out of the channel formation to the downside.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
A move through 84.50 will confirm the bearish momentum.
We look to Sell at 85.35 (stop at 85.75)
Our profit targets will be 84.35 and 84.15
Resistance: 85.00 / 85.50 / 86.00
Support: 84.50 / 84.25 / 84.00
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Nzdjpy!!
NZD/JPY continue with the Downtrend 👇On NZD/JPY is nice to see strong sell-off from the price 86.51, there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
VWAP first deviation + Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
NZDJPY - Look for a long position ✅Hello traders!
‼️ This is my perspective on NZDJPY.
Technical analysis: As I expected here price filled the imbalance higher and rejected from bearish order block. Now I see price to take sell side liquidity, fill the imbalance and then to reject from bullish order block + institutional big figure 84.000.
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NZDJPY ____ INCOMING BEARISH MOVEHello Guys,
NZDJPY is currently trading in a strong supply zone, hence my bearish bias.
This pair has just swept buy-side liquidity, however, there might still be more manipulation underway so tread with caution.
I also did an analysis on GBPJPY (see below)
Follow me for more updates like this.
GBPJPY ANALYSIS
Cheers,
David
NZDJPY Upside PotentialHey Traders! 👋 For Day 14/100 of our challenge, we will look at NZDJPY upside potential
It is a simple break and retest setup
Break of 86 high > created a higher-high 87.3 > Retest to 85 daily resistance and 62% fib > target higher resistance
Long thesis is invalid once 84 level is broken
Simple technical outlook today.
Have a great day ahead 🥂
NZDJPY SQUEEZE At the moment we are at a critical level where price can either break above the range or retrace to the tested trendline. At the moment there is no indication that price momentum is reducing so my sentiment is more bullish than bearish.
For bearish sentiment we would need to see a shift in either the signals indicator or a shift in price action.
NZD/JPY Giving Amazing Bearish Price Action ,Ready For Selling ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GU | NJ | XAG | EU | DECRYPTERS Hi people welcome to Team Decrypters Analysis
We did include DIFF PAIRS
Over all Little correction of JPY PAIRS ( NZDJPY included in chart )
SIGNIFICANT IMPULSIVVE MOVE TO THE UPSIDE IN GBP USD
SIGNIFICANT IMPULSIVVE MOVE TO THE UPSIDE IN EUR USD
SIGNIFICANT IMPULSIVVE MOVE TO THE UPSIDE IN SILVER
EXPERT OPINION FROM DECRYPTERS :- ALL THESE UP SIDE MOVE ARE SELLING OPPORTUNITY AND DOWN SIDE MOVE ON JPY PAIRS ARE BUYING OPPORTUNITY