NZDJPY SELLSNZDJPY is heading to an a area of resistance chart.
Possible SELLS in area 1: 87.675-87.83
Possible SELLS in area 2: 86.500-86.63
Nzdjpy!!
NZDJPY short idealittle short idea for the nzdjpy pair... this is based off of a smaller time fram move to take us down into our BIGGER long term bias!
imbalances and POI always offer a good opportunity to catch a move, so watch this zone for exactly that!
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InvestMate|NZD/JPY So what, are we falling?🥝🥝NZD/JPY So what, are we falling?
🥝As I have written in previous post featuring the Japanese yen pairs that we are ready to fall.
🥝That will also be the case this time.
🥝There is an interesting situation ahead, on the New Zealand dollar we are preparing for a strong downward correction coupled with the long-term uptrend on the Japanese yen that has started. A strong downward wave is in front of us.
🥝We are currently at a resistance zone that has been respected for months. The price has repeatedly struggled to break through these levels.
🥝The most significant support zones will be two zones.
🥝 The first determined by the cluster of the fibo level 0.382 of the entire upward wave and the outer fibo level 1.272 measuring the last upward impulse.
🥝The second based on a cluster of the 0.5 level of the entire upward wave and the outer fibo level 1.618 measuring the last upward impulse.
🥝The scenario I am playing out is to expect a strong wave of strengthening of the Japanese Yen against the New Zealand Dollar heading into support zones not excluding minor corrections along the way.
🥝*Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario for further increases.
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NZDJPY - Potential Bullish BatBefore we talk about the Bat Pattern, I like to make known to you that the Bearish Shark Pattern on the 4-hourly chart within the related ideas is ready for trading.
What is excellent about this trading setup is that the Bullish Bat Pattern on the lower timeframe, the 1-hourly chart completes at 85.34, which happens to be the first target of the Shark Pattern and the Bullish 5-0 Pattern on the 4-hourly timeframe.
Sell NZDJPYRarely releasing currency pair setups but I couldn't ignore this one. Technical view on NZDJPY. The trendline is only there to show break of structure, my main bear indicator here is the (H&S) forming on H4. As the pair is already trading on resistance area, we're likely to see a drop in price as soon as today. PS(This is more a signal, than it is a setup). SWING TRADE
NZDJPY Entry Price 85.298 Target Price 86.267NZDJPY retraced to the pivot point level. After the pin bar formed, entered a long position.
NZD JPY SELLThe price has reached the resistance of 84.431 and could not cross it. After closing the bearish candle, we can enter the sell position.
Buying NZDJPY on dips.NZDJPY - Intraday - We look to Buy at 85.50 (stop at 84.85)
Previous support located at 86.00.
Previous resistance located at 86.50.
Further upside is expected although we prefer to set longs at our bespoke support levels at 85.50, resulting in improved risk/reward.
A move through 86.50 will confirm the bullish momentum.
Our profit targets will be 87.00 and 87.50
Resistance: 86.50 / 87.00 / 87.50
Support: 86.00 / 85.50 / 85.00
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NZDJPY: Potential upsides as a proxy to bullish stocks Hey traders, in today's trading session we are monitoring NZDJPY for a buying opportunity around 85.7 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Shark Attack on NZDJPYA Bearish Shark Pattern completing at 86.76, I'm waiting for a 3-bar pattern confirmation to engage the trade within this sideway increase volatility.
NZDJPY going short well here we have a very good point to enter in this trade for the 100 pips target
NZDJPY - Looking To Sell Pullbacks In The Short TermH4 - Price respected a strong resistance zone and bounced lower.
Bearish Divergence.
H1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the two strong resistance zones hold my short term view remains bearish here.
