NZDJPY Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring NZDJPY for a selling opportunity around 84.200 zone, NZDJPY was trading in an uptrend and successfully managed to break it out, currently NZDJPY seems to be in a correction phase in which it is approaching the retrace area at 84.2 support and resistance zone.
Trade safe, Joe.
Nzdjpy!!
NZDJPY - Long from discount zone ✅Hello traders!
‼️ This is my perspective on NZDJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish order block.
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NZD/JPY Sellers In Panic! BUY!
My dear friends ,
I analysed this chart on NZD/JPY, and concluded the following:
The market is trading on 84.002 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 84.997
My Stop Loss - 83.438
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
NZDJPY Will Move Higher! Long!
Take a look at our analysis for NZDJPY.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 84.029.
The above observations make me that the market will inevitably achieve 84.890 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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✅NZD_JPY LOCAL LONG🚀
✅NZD_JPY is approaching a demand level of 83.6
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bullish bandwagon just on time to get the best
Risk reward ratio for us
LONG🚀
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NZD/JPY Golden Chance To Sell It To Get 300 Pips At Least !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.
NZDJPY Technical Analysis and Trade IdeaAnalysis of the NZDJPY currency pair reveals that it has risen above the two previous daily highs, tapping into buy-side liquidity. The potential for a price retracement exists given that this rally is overextended and has a price gap below. In the video, we look at a variety of aspects including price action, price gaps, trends, and key levels of support and resistance that may offer trading opportunities. The opinions expressed are solely mine, and this content is only meant for educational purposes, it is important to note. This is not intended to be financial advice in any way.
Nzd/Jpy Sell Signal On The Hour 1 Time FrameNzd/Jpy made a retracement above the 618 on the daily chart.
Nzd/Jpy made a double top pattern on the 4 hour time frame.
Nzd/Jpy is now giving a sell signal on the 1 Hour Chart..
Sell Now...
P.S. Sorry about the loss on the gold signal. I will mention again I said to trade it very small because gold can do anything. The chart pattern was good but the trade was a straight up loss.
Im still holding the silver signal
NZD/JPY On The Rise! BUY!
My dear followers ,
Please, find my technical outlook for NZD/JPY below:
The instrument tests an important psychological level 85.492
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 86.993
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
NZDJPY: Expecting Bullish Continuation! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the NZDJPY pair which is likely to be pushed up by the bulls so we will buy!
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NZDJPY to turnaround?NZDJPY - 24h expiry
Previous support located at 85.00.
Previous resistance located at 85.50.
Price action looks to be forming a top.
Short term momentum is bearish.
A move through 85.00 will confirm the bearish momentum.
We look to Sell a break of 85.28 (stop at 85.78)
Our profit targets will be 84.08 and 83.78
Resistance: 85.50 / 85.80 / 86.00
Support: 85.00 / 84.00 / 83.50
Risk Disclaimer
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NZDJPY - 4hrs ( Buy Trade Target range 240 PIP ) 💲Pair Name : NZD/JPY
🗨Time Frame : 4hrs
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( ↗️ Long )
Type : Mid Term Swing
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🔰Bullish Break
85.700 Area
Reasons
- Major Turn level
- Visible Range Lvn
- Visible Range Value
- Quarter High Area
- Fixed Range Lvn
🔰Bearish Reversal
88.250 Area
reasons
- Major Turn level
- Visible Range / D Hvn
- Year High
- 2 Quarter High
- 3 Quarter High
- Fibo Golden Zone
NZDJPY: Approaching the Sell Zone.NZDJPY has been trading sideways inside a Rectangle pattern for a full year. Our TP = 86.300 is close to getting hit, the 1D technicals are naturally green (RSI = 65.478, MACD = 0.580, ADX = 24.917) since we are on a bullish wave but the price is approaching the Sell Zone of this pattern. That is the region between the 0.786 Fibonacci level (86.300) and the R1 Zone (87.335 - 88.145).
In addition, the 1D RSI hasn't been higher since November 1st 2022. Consequently, we are going short now targeting on the long term the 0.236 Fibonacci (TP = 81.550).
Prior idea:
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Second Chance to ShortTraders who missed out on the previous shorting opportunity may have a second chance at hand with the potential setup of Type2 Bearish Shark and Type2 Bearish Deep Gartley pattern in the market.
However, it is important to note that one of the downsides of Type2 setup is its unpredictability, and it may not always work.
To mitigate the risk, it is crucial to exercise patience and wait for a candlestick pattern confirmation before engaging in the trade.
Rushing into the market aggressively without proper confirmation could lead to unwanted consequences.