Long NZD/JPY off a recently broken support Breakout pull backBullish up trend
support is between 76.146 to 76.059
got in due to the pull back to the broke out zone
Nzdjpylong
NZDJPY / Head and ShouldersLast week I completely looked at this wrong and said its a short without looking at the higher timeframes.. we can clearly see the support and resistance levels on the weekly chart plus a head and shoulders pattern.. this is a long until a key level is touched
NZDJPY Buy Signal Analysis Hey traders, here is the analysis for the NZDJPY. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
NZDJPY, Approaching strong support zone, longNZDJPY, Approaching strong support zone that respected many times!
NZDJPY LongsNZDJPY has broken above the previous highs on the H4 timeframe.
We will be looking for rejections off one of the fib levels to take us towards our take profit target (-61.8 fib extention level).
NZDJPY, Break out Significant Support, longNZDJPY, Break out Significant Support and has bullish Momentum!
NZDJPY - Bullish BiasNZD - BULLISH
1️⃣ Investors monitored ongoing US fiscal stimulus situations as senators urged President Joe Biden on Sunday to significantly downsize his sweeping $1.9 trillion COVID-19 relief package to win bipartisan support as Democrats in Congress prepared to push ahead with his plan this week.
2️⃣ New Zealanders will once again be allowed to fly into Australia without undergoing quarantine as health officials reported no new COVID-19 infections following the initial three cases of the B1351 variant.
3️⃣ Positive risk tone could support the antipodeans.
JPY - BEARISH
1️⃣ Japanese government is set to extend Tuesday the state of emergency for regions still struggling with a high number of coronavirus infections, with the emergency period in prefectures including the Tokyo area expected to run for another month.
2️⃣ Investors also continued monitoring US fiscal stimulus negotiations as Democrats in Congress prepared to push ahead with his plan this week.
3️⃣ Risk-on tone pressured the safe-havens JPY.
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Technical
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We are looking to buy the NZDJPY on the support + above SMA 50 on the H1 chart.
NZDJPY_- Sell Bigger Time <<<Disclaimer:
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management.
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Thank you for your support!
NZDJPY long trade ideaPlan: wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
NZDJPYas we can see price is in an uptrend and all we're doing is waiting for the price to come back and retest at a significant level.
NZDJPY: Will the price GROW more on this CHANNEL?Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
NZD/JPY
⚪ Technical Analysis :
In the weekly time frame, since March 2020, the price has been moving following a strong uptrend, bouncing on its dynamic trendline just in November 2020.
It's currently still in uptrend and it reached a strong resistance zone.
In the daily time frame, since November, the price has been following a clear ascending channel and few days ago it got a rejection on its dynamic support line.
It's currently moving up with a great chance to reach and retest again a strong resistance zone at about 75.640.
In the h4 time frame, two days ago the price broke a secondary trendline and it's currently retesting the same level.
The next price action will be essential to understand the next movement.
🔴 Conclusion :
I'm confident to see the price moving up after a possible bounce on the support zone at about 74.000.
I'll be waiting for a clear price action before planning my next long position on this trade, so at the moment, I suggest to not open any position.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
NZDJPY - Bullish ContinationI want to see pullbacks into my bounce zones before bullish continuation into the prior highs.
Keep it simple no need to over complicate things.
NZDJPY Buy idea 💡 Entry details on the chartHey traders, here is the buy idea for NZDJPY. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Bullish Bat PatternNZDJPY BULLISH BAT PATTERN
Market Buy Order Set Up.
Buy Entry: (73.900)
Min Take-Profit: (74.495)
Max Take-Profit: (74.906)
Stop-Loss: (73.423)
Max Risk-Reward: (2.11)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
NZDJPYas we can see price previously rejected the support Zone, Showing strong momentum to the upside.
NZDJPY ANALYSISNZDJPY ANALYSIS
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Idea is not the financial advice!
NZDJPY Upper trenline test near supportwe can expect a test near its previous resistence and trendline.
NZDJPY - Bullish BiasNZD - BULLISH
1️⃣ Investors await comments from Treasury Secretary nominee Janet Yellen on US stimulus and the dollar.
2️⃣ Positive risk tone support the antipodeans.
JPY - BEARISH
1️⃣ Bets for the safe-haven Yen fell as Japan logged over 4,900 daily cases nationwide on Monday, with the health ministry putting the number of serious infections at 973, rising one from the previous day.
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Technical
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We are buying the NZDJPY above the support + above SMA 50 on the H1 chart.
