Nzdjpy!!
Bullish setup on NZDJPYHi Trader,
The NZDJPY is currently trending in an ascending channel and after making couple of futile test and retest in other to break below the current intraday demand zone.
I am betting heavily on the break of trendline that keeps the bearish trend on the 1H chart steady and tight.
Provided that the price break above the Trendline, i will wait for a slight correction then look for a buy position afterwards.
You can watch this pair out too
NZDJPY to find support at strong support?NZDJPY - 24h expiry - We look to Buy at 83.75 (stop at 83.00)
Previous support located at 84.00.
Previous resistance located at 84.50.
The move lower is mixed and volatile, common in corrective sequences.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 84.50 will confirm the bullish momentum.
Our profit targets will be 85.25 and 85.50
Resistance: 84.50 / 85.00 / 85.25
Support: 84.00 / 83.75 / 83.50
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NZDJPY - EASY 400pip Trade Setup!NZDJPY has recently completed its bullish wave and now we are in bearish territory.
We can see that we're in wave 2, which is an ABC correction. We have a leading diagonal for Wave A which we've almost completed. We're looking for one more move up to complete the leading diagonal and then we'll be looking for a big SHORT.
Trade Idea:
- Watch for price to move up once more to reach the 618 fib and leading diagonal resistance
- Risk entry on rejection of the above
- Safe entry on break of the red trendline
- Targets: 83 (250pips), 81.2 (420pips)
We may bounce off the structure level for a Wave C so do keep an eye out for the bounce!
Goodluck and as always, trade safe!
✅NZD_JPY BULLS WILL WIN|LONG🚀
✅NZD_JPY is about to retest a key structure level
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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NZDJPY bullish continuation 02 Mar 2023I don't think I need to explain what I am saying, my H2 chart says it all.
Briefly, I see 2 impulsive bullish moves followed by a period of consolidation.
A breakout from the current equidistant channel should see the next bullish move.
Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content.
What do you think about this trade idea? Please comment and share your thoughts!!
TRADE IDEA FOR NZDJPY FOR NEXT WEEK FX:NZDJPY
As seen on the chart on the 4hr time frame we can see former support turn to new resistance as price is retesting that area again and we could anticipate that price could continue to push back up and we could find our entries and continue to trade with the trend.
but if price breaks below 84.083 then we can say that price is now bearish
What do you think?
NJ D Bullish Idea 1/29/23NJ has a lot going on right now. But it is creating a rising wedge on the Daily time frame. So for one trade this week I am looking for price to break the resistance zone, retest it, and continue to take out 12/13/22 highs. This area is also the 2022 highs for NJ.
Even if you just catch an entry on the smaller time frame at the break of the zone you can get a good 40 pip buy up to the 50% area of the D FVG that price is currently in.
So there are several bullish entries that can occur from where price currently is right now on the Daily.
NZDJPY Potential UpsidesHey Traders, in today's trading session we are monitoring NZDJPY for a buying opportunity around 84.2 zone, as we see on the 4h time frame the pullbacks are extending and approaching the major up trend, i will be watching the price action around the supply and the demand zone to watch rejection confirmation... and i would also confirm this trade by taking a look at the stock market since we have a positive correlation between indices and NZDJPY.
Trade safe, Joe.
NZDJPY SELL- A GREAT OPPORTUNITY -Dear Traders, hope you all doing great we have a got NZDJPY, recently we have seen bullish momentum across the JPY pairs as the DXY IS bullish, JPY tends to be on negative side. We also have got some heavy news next week (NFP) in that case DXY may drop for a couple of weeks this will directly helps us. achieve our targets.
Stay Safe and Trade Safe!!
NZDJPY : Long Trade , 4hHello traders, we want to check the NZDJPY chart in the 4-hour time frame. After moving for a while in a range channel, the price managed to break the ceiling of this range channel. If the price can make a pullback around the price of 84. 500 and the trend line of the ascending channel is a good entry point to enter into a buying transaction, and we expect the price to grow to the targets of 85,900 and 87,200. Good luck.
NZDJPY - 4hrs ( Buy Trade Target Range 250 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
———————————
🔰Bullish Break
84.300 area
Reasons
🔘- Major turn level
🔘- Visible Range poc
🔘- Fixed Range Hvn
🔘- inner Channel Break
🔘- Day / week High Break
🔰Bearish Reversal
87.000 Area
Reasons
🔘- Pattern Target
🔘- visible Range hvn
🔘- 3 Q / 2 Q High Area
🔘- Major W Turn level
🔘- Fixed Range Poc
NZDJPY - 2hrs ( Up + 50 PIP / Tp 1 > Full Tp 200 PIP ) Pair Name : NZD/JPY
📉Time Frame : 2hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Long
➕ Educational
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🔰 Update - VIP Opportunity
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🔰 Up + 50 PIP.
Target Hit ( 1 )
Account Growth 7.5 %
NZD/JPY: Volume Profile Analysis On NZD/JPY is nice to see strong buying reaction from the price 84.280 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Uptrend + Volume cluster is my mainly reason for this long trade....
Happy trading
Dale