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Nzdjpylong

NZDJPYNZDJPY Multitimeframe analysis 1D As we can see on 1Day chart market formed a nice double top pattern at the supply zone and price rejected from it nicely , we can expect to see a major drop in it. 4H As we can see on 4Hour chart market got rejected from the demand zone , but at the same time market creating a lower low. so, we might see a price rejecting from a trendline in the near future. 1H As we can see on 1Hour chart market created a Fresh Higher High by breaking the previous Lower high and also market breaked the previous trendline support level. We can expect it to rise till 4H trendline level.
by mohdsad32
1
NZDJPY long trade ideaPlan : wait for the price to bounce off from 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 like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
1
NZDJPY long trade ideaPlan : wait for the price to decelerate and bounce off from 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 like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
1
NZDJPY technically based forecast 📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 NZDJPY technicaly based idea, we can see price is bounce from bottom trend line , candels formation is strong bulish, technicaly indicators showing we can expect higher push up in price exepcting push till top trend line , NZD the strongest currency currently, JPY one of the weakest. 📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment! Thanks on supporting! All best, good luck!
by UnknownUnicorn3983388
4
NZDJPY - Ascending Triangle Break-down Sell Opportunity| 1:2 R/R📢NZDJPY 4H - Technical Breakdown 📈Price levels have been respecting the ascending support over the last 3 weeks. The current market price appears to be losing momentum as it tests the overhead resistance at 65.950 for the third time. 📊A break to the down-side breaching the ascending support will present a good risk to reward sell opportunity entering when price levels breach the 50 EMA @ 65.100 for confirmation and looking to take profit around the 63.300 support region just passed the POC (Point of Control) for the visible trading range at 63.811.
Short
by SmithTradeSmart
2
NZDJPY (Long) Trend reversal This is my proposed idea for NZDJPY Long position looking back over the chart itself we have gone past a period of stability and believe we are now going to see an uptrend (trend reversal) and this could provide a huge profit.I see this potential as when the price has hit this low before there was an uptrend and i see that continuing we have also seen over the last week multiple increase followed by pull backs this for me further confirms upcoming strength within the Zealand dollar.
Long
by danielreid2001
NZDJPY Continues to press against Resistance. What's next?Recovery in the global markets has reduced the demand for safe-haven Japanese Yen(JPY) while simultaneously, lending support to risk assets like AUD and NZD. Thus, we have seen a recovery in NZDJPY as well. But, how long will it last? In my opinion, the stock market hasn't bottomed out yet. There could be another leg down soon when the threat of an economic meltdown begins to show up. That being said, NZDJPY has hit a crucial area. A strong break of this zone will see NJ reach 67 and beyond. On the other hand, if price reverses here, the support levels I mentioned could come into picture.
by TraderAvDM
8