Nzdjpylong
Clean NZDJPY analysis explainedThis will be a great buying opportunity in my opinion. I can see it creating a uptrend after touching the lower trendline so it might go all the way up to the trendline above. It made a selling opportunity 9 days ago making it seem like it would begin to make a downtrend, but it went back to making an uptrend 2 days and 16 hours ago. Right now it's down at support and will have a good chanse to go up to resistance.
NZDJPY still looking to short Hi Traders,
JPY pairs across the board are still developing bearish price action due to the global situation happening between Russia and Ukraine. Looking at the price action we can see a strong Impulse push down from 78.00 which is now making another correction indicating more continuation to fall.
Keep an eye out for this pair, follow your trading plan!
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NZDJPY BREAKOUTLook at the above chart and as you can see that it has given the BREAKOUT of the upper TRENDLINE. There is great probability that from here it will go upwards after consolidating 3-4 days near the TRENDLINE area.
KEYPOINTS
ENTRY- 77.700-78.000
STOPLOSS- 76.452
1st TARGET- 79.262
2nd TARGET- 80.955
NZD/JPY 4HR BUY SET UPHi TRADERS this is my trade set up for the NZD/JPY
NZD/JPY Looking like could pull back into the order block zone for further continuation up, so buy only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
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NZDJPY | Important Zone NZDJPY is all ready to give a breakout from a consolidation box. We are expecting bulls will push the price to new highs because the consolidation is almost a month long.
Alternatively, if it fails to give a breakout .. it will continue this consolidation and we need to wait for breakout.
Trade your levels accordingly.
(INTRADAY) NZDJPY - REENTRY FOR BULLISH SETUPIf you follow my analysis before this, I guess you have your anchor on NZDJPY.
So here is the Reentry Level for those who still believe on this analysis.
Wave C of (B) has been completed. Now it's heading to Wave (C).
Reentry Level should be around 75.950
LONG ON NZD/JPY Price has been on a nice uptrend, it has also been respecting the 38.2 Fibonacci level
Price is now at an apex point (trendline meets support line) I expect price to continue going up after another bounce off the Fibonacci level.
Here is the play I will be taking on this pair:
PAIR = NZDJPY
ORDER TYPE = BUY STOP (PENDING ORDER)
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 77.806
STOP LOSS = 75.802 - 200 PIPS
TAKE PROFIT = 81.504 - 369 PIPS