NZDJPY Analysis> Chart: H4
> Trendency: Up
> TrendLine broken
> Price stuck in an area.
> Waiting fot break the Support Line.
Nzdjpyanalysis
ANALYSIS ON NZDJPYANALYSIS ON NZDJPY
Welcome to my analysis
-
30Min CHart
-
Interesting Point of interest In the NZDJPY pair.
- Price above 200 day EMA.
- Buy reversal.
- Expecting more Upward momentum.
- Watch 70.100 for take profit.
Stay Tuned
NZDJPY approaching support, potential for a bounce!
NZDJPY is expected to drop to 1st support at 69.059 where it could potentially react off and up to 1st resistance at 69.675.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
NZD/JPY SHORT NZD/JPY SHORT (sell)
Sell NZD/JPY
Entry 68.800
Entry 2 68.920
Sl 69.120
Tp.1 68.460
Tp.2 68.210
Tp.3 67.900
ROUND 3 lets get it
NZD/JPY SHORT Round 2NZD/JPY Should do a bounce back to test Resistance one more time, where we are looking to short it once again
We will be using the same parameters as previous call yesterday
This time both are sell limits
NZD/JPY SELL LIMIT
Entry 68.650
Entry 2 68.800
sl 69.100
tp.1 68.350
tp.2 68.100
tp.3 67.900
Risk management please .01 or .02 for every 100
Counter Trend defined... NZDJPY Long trade setupPrice found support @67.5 making a Higher Low on the daily chart. I expect a Higher High from this point forward at least to the next historic Support/Resistance level @70.4 and maybe Price will flourish even higher close to 72.0 hitting the long term Down trend line.
NZDJPY 15MLarger resistance across the top with a divergence turn that breaks an ascending trend line at 3 points, detailing lower high's. Stop set at 25 for a RR of 1:1.
H4 Resistance Is Pushing Down Trend FurtherFollow ArrowPips : )
After W1 resistance breakout NZDJPY is facing a resistance at H4 timeframe which pretends to push the downtrend further.
NZDJPY potential reversal!
NZDJPY expected to rise up to 1st resistance at 71.723 where it could potentially react off and drop down to 1st support at 71.397.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDJPY Harmonic BAT Analysis and StrategyThis pair is currently trading at a major daily support (red zone) and is forming a Harmonic Bat Pattern . We are predicting the Harmonic Bat Pattern will be completed and we are looking for price action to move towards the upside from this point. We expect price action to complete the pattern between 70.00 - 69.900 before bouncing to the target (green zone). FX:NZDJPY
NZDJPY Weekly Technical Analysis and StrategyWe see price action consolidating into a falling wedge pattern, which is also a reversal patter. Price is at a crucial zone because it is at a major weekly support zone and also at the bottom of the wedge. Therefore, we are predicting a reversal from this zone.
NZD/JPY - Day Trading SellNZD/JPY is failling to make a push up on the 1H chart.
It has broken under the 50 EMA of the 1H chart.
As long as it holds as support, the sell is active.
We can expect the pair to drop to the last low to find it's support for another push back up.
This is a day trade. Wait for good confirmation of the move and enter.
Trade safe.
NZDJPY shortShort still intact. support broke and retest. should able to go all the way down.
Happy Trading ! Good Luck !
