FX:NZDJPY Falling Wedge Buy after Breakout Target 700 PIPS More I will write later!!
A nice fakeout confirming bulls coming in at a critical support level...also a piercing pattern formed. A break of minor trendline would set the bulls on track..great Risk Reward. Im expecting Yen weakness across the board this week.
= Monthly, weekly and daily charts showing strong support around 75.000 and upwards sloping trendline. - Bullish MACD divergence - Possible break of 77.000 and retrace to test for potential long entry? - Thoughts?
Possible bullish gartley on 30 minute NZDJPY ENTRY: 76.353 TARGET: 76.911 STOPS: 76.120 Happy trading and trade smart! :)
All jpy pairs are showing bullish signs. But I will stay out of major jpy pairs due to recent unexpected moves on majors. This setup looks promising. Im already in.
FX:NZDJPY BAT: Point B: 38.2% to 50% XA Point C: 38.2% to 88.6% AB Point D: 88.6% XA Targets: TP1 38.2% AD TP2 61.8% AD Safe Trades; open.spotify.com
FX:NZDJPY SHARK: Point B: 61.8% XA Point C: 113% to 161% AB Point D: 161% to 224% B C 88.6% to 113% XC Target: 38.2% to 100% CD Safe Trades; open.spotify.com
This is probably the best trade set-up of the day for me in terms structure. The market has come back to test a trend line resistance now turned support and at the same time completing a bullish cypher where there is a lot of structure looking left. The Risk:Reward ratio is more than 1:1 so let's hope for a winner. www.youtube.com tradewithme.co.uk