Nzdjpylong
NZDJPY - LONGDAILY: took support from lower Daily support, and created a hammer. price is stucked in this box, taking rejection from top (marked). can be longed here to test upper rejection Daily.
Hourly: creating HH, HL from daily support. crossed its own Hourly Resistance as well. Entry taken at 84.00 when resistance was crossed.
TP 1: 123.6 fib
TP 2: 138.2 fib
TP 3: 150 fib , where Hourly resistance lies as well.
SL: BELOW 78.6 fib
Jamie Gun2Head Trade - Buying NZDJPYTrade Idea: Buying NZDJPY
Reasoning: We are at a key 4hr support level, RSI showing oversold level, looking for an intraday bounce
Entry Level: 83.39
Take Profit Level: 84.54
Stop Loss: 83.05
Risk/Reward: 3.38:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Jamie Gun2Head Idea - Buying NZDJPYTrade Idea: Buying NZDJPY
Reasoning: Decent looking support level, looking for it to hold up again today
Entry Level: 83.83
Take Profit Level: 86.53
Stop Loss: 82.98
Risk/Reward: 3.18:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
NZD/JPY 3 Entries Running In 650 Pips 0Drawdown,New Update NowThis 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
NZD/JPY 2 Entries Running In 320 Pips,0Drawdown New Entry Added 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