Jamie Gun2Head Trade - Selling NZDJPYTrade Idea: Selling NZDJPY
Reasoning: Broke below long term support level, retesting previous support now becomes resistance
Entry Level: 83.49
Take Profit Level: 81.52
Stop Loss: 83.99
Risk/Reward: 3.94:1
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Nzdjpyshort
NZD/JPY Fully Closed +160 Pips 0Drawdown, New Entry Valid This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZD/JPY Short position ideaNZD/JPY is going to short.
Here is why:
1- Price has broken upward trendline, possibly going to retest it.
2- We can see RD- in RSI indicator, showing us a possible trend reversal. also RSI upward trendline has broken.
3- Triple Top pattern.
Invalidation: IF price breaks and stays above 87.00.
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-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and does not include financial recommendation. Trading is Risky, so before any action do your own research.)
NZD/JPY Creating H&S Pattern , Not Confirmed Yet But Good P.AThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZD/JPYX2 Position
1. Sell: NZD / JPY
Sell limit: 86.640
SL @ 87.100
TP @ 85.150
Max Risk: 2%
2. Sell: NZD / JPY
Sell limit: 87.300
SL @ 87.710
TP @ 85.150
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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It is not an investment recommendation
NZD/JPY:TECHNICAL ANALYSIS |SHORT SETUP IDEA 🔔Hello Everyone, I hope you'll Appreciate our Price action Analysis !
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DONT MISS IT Good morningg.Good setup NZDJPY to take on short.Use proper risk management stick with 15 pips stoploss from green zone.HAVE A NICE DAY
NZDJPY: Zoom Out 🔍Everyone is focusing on the lower time frames without noticing the higher monthly supply holding right above current price.
Be careful selling before this zone! We are seeing lots of indecision suggesting price may well want to travel up into the supply before any signs of reversals.
Bear this in mind when trading this pair.
Please let me know what you think in the comments 💬