NZDJPY LONG POSITIONOKAY FOLKS THIS ANALYSIS IS BASED ONLY ON TREND, WHICH IS THE UPWARD CHANNEL CONTINUATION PROBABILITY. IF WE GET A BULLISH PINBAR OR ALSO KNOWN AS A HAMMER ON THE SUPPORT ZONE THEN WE CAN CONFIDENT-ALLY GO LONG AND MAKE A LOT OF PROFITS. I WOULD RECOMMEND ONLY LOOKING FOR A BULLISH SIGNAL ON HIGHER TIMEFRAMES SUCH AS H1 H4 AND THE DAILY. ANYTHING LOWER THAN THAT CAN GIVE FALSE SIGNALS, HOWEVER CAN BE GOOD FOR SCALPING.
Nzdjpylong
NZDJPY wait for pullbackNZDJPY Has to Break the pattern Now making a pullback wait till the market
Take their pullback till previous resistance
or you can Take Entry Now as well
1st Targets are 72.436
2nd Targets are 72.671
Note: This is only for Educational Purpose this is not Investment advice.
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Adil Khan
NZDJPY 1 hr Trend Analysis and Strategy with Harmonic BATThis pair has recently bounced off a major daily support (red zone) and has started the 4th leg of the 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. A trend line on the 1 hr chart has been breached giving our analysis and strategy validation. We are still targeting the green zone as shown on the previous analysis of the pair. FX:NZDJPY
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