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Nzdjpyshort

Sell NZD/JPY Channel BreakoutThe NZD/JPY pair on the H1 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 97.55, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 96.95 2nd Support – 96.53 Stop-Loss: To manage risk, place a stop-loss order above 97.95. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you.
Short
by KABHI_TA_TRADING
3
MACD Divergence and Overbought Signals: Time to Short NZDJPY?The Yen has been getting hammered across the board lately, and there’s no telling how far these pairs can go long-term. However, in every strong uptrend, buyers eventually take profits, allowing the market to dip and providing opportunities to re-enter at better levels. This scenario seems likely for NZDJPY. We've just popped above a key Monthly resistance level, the swing high from 2007. We’re likely to see buyers ease off and short sellers step in. Here’s why. There are several signs that a reversal is imminent. First, we are extremely overbought across all higher timeframes. While this alone isn’t a signal to enter a trade, combined with the Monthly resistance level, it looks promising. What gives me even more confidence in a sell-off is the Daily chart. It shows clear evidence of slowing buying momentum with choppy price action. After each new high, there’s an immediate sell-off. The most compelling signal is the MACD divergence on the Daily chart (see image below). The combination of extreme overbought conditions and MACD divergence at this key Monthly level gives me confidence in entering a sell trade. The next step is to identify potential drop targets and where buyers might regroup. Two key targets stand out: The previous Monthly resistance, the 2014 high at 93.5, which is the first target for this sell setup. The 0.236 Fibonacci retracement at 88.5, just above the 2022 highs that held for over a year before breaking out again at the start of this year. This area is likely to attract buyers as shown in the image below My plan is to sell now and close 25% of my position every 200-pip drop. After the first drop, I will move my stop loss to the entry price. Let me know your thoughts in the comments.
Short
by TheFxAce
8
Sell NZDJPY Wedge BreakoutThe NZD/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry : Consider entering a short position around the current price of 96.70, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 96.17 2nd Support – 95.82 Stop-Loss: To manage risk, place a stop-loss order above 97.20. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you.
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by KABHI_TA_TRADING
1
NZDJPY dropping soon?After watching and trading this currency pair for months I've noticed NZDJPY is now in an important resistance from 2007 around the price of 97.792 and from that time up to this current day this pair broke out of what seems to be a wedge (ABCDE formation) and a breakout and retest occured between the last few days of April into the first week of May shooting price close to the range of 97.000. It didn't quite reach it and the pair is slowly gaining some bearish momentum. This could possibly be the reversal point now the some bearish order blocks were created on higher time frames such as the 1 hr up to the 4 hr and my RSI shows strong bearish signals. When using the daily time frame volume has been somewhat decreasing even though price was still moving up which means it can collapse changing direction. It would make sense seeing that there are liquidity zones that have not been swept for example 87.741- 87.705 and 80.695- 80.464. In conclusion this is a scenario that may very well happen if price doesn't make a higher high above 97.792 breaking resistance making it support. Price can drop as low as 80.100 and even lower to 68.000
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by ProfitPanther
2
NZDJPY I Strong bearish divergence indicating potential shortWelcome back! Let me know your thoughts in the comments! ** NZDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
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by BKTradingAcademy
3
NZD/JPY BANK BEARISH SCALPING ROBBERY PLANMy Dear Robbers / Traders, This is our master plan to Heist Bearish side of NZD/JPY based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich. when market break the dynamic support it will continue to go down down. Loot and escape at the target🎯. support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
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by Thief_Trader
NZD/JPY Best Place To Sell It And Get 250 Pips !As we see in this chart we have a very good resistance area it pushed the price to downside very hard in the last time and after this long movement to upside we need a break and some retracement if we will continue to upside , so i see this is the best place to can sell this pair but for sure it depend on price action , but i think this area will push the prices to downside at least 250 pips . 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.
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by FX_Elite_Club
NZD/JPY reaches resistance level, probable sell set-upHello traders! NZD/JPY has reached the resistance level on the hourly chart. As you can see in the chart, I have highlighted the resistance level with a rectangular bar. To be precise, the level around 92.20 is the resistance So far, we have seen a couple of bearish candlesticks in this level. So, if the level remains unbroken, traders can consider selling NZDJPY@92.15-92.25 with stop loss above the resistance level and TP at 91.56
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by KaltoireCapital
1
NZDJPY to form a lower high?NZDJPY - 24h expiry The primary trend remains bearish. The sequence for trading is lower lows and highs. Rallies should be capped by yesterday's high. Preferred trade is to sell into rallies. Bespoke resistance is located at 90.60. We look to Sell at 90.60 (stop at 90.84) Our profit targets will be 90.00 and 89.85 Resistance: 90.60 / 90.80 / 91.10 Support: 90.20 / 89.90 / 89.60 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
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by OANDA
Sell NZDJPY Bearish FlagThe NZD/JPY pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish flag pattern. This pattern often indicates a continuation of a downtrend following a brief period of consolidation. Key Points: Sell Entry: Consider entering a short position (selling) around the current price of 90.85, positioned near the resistance line of the flag. This offers an entry point close to the perceived continuation of the downtrend. Target Levels: Initial bearish targets lie at the following levels: 90.30: This represents the height of the flag, measured from the top trendline to the bottom trendline, projected downwards from the breakout point. 89.92: This is a further extension of the downside target, based on the height of the flagpole (the initial downtrend before the flag formation). Stop-Loss: To manage risk, place a stop-loss order above the resistance line of the flag, ideally around 91.30. This helps limit potential losses if the price breaks above the flag pattern. Thank you.
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by KABHI_TA_TRADING
2
NZDJPY to continue in the downward move?NZDJPY - 24h expiry Indecisive price action has resulted in sideways congestion on the intraday chart. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. Risk/Reward would be poor to call a sell from current levels. A move through 90.60 will confirm the bearish momentum. The measured move target is 90.40. We look to Sell at 91.00 (stop at 91.25) Our profit targets will be 90.35 and 90.15 Resistance: 90.75 / 91.00 / 91.25 Support: 90.50 / 90.40 / 90.25 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
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by OANDA
NZDJPY ShortMARKET PHASE OANDA:NZDJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price has started it's initial move down but due to the velocity of the downward move, it's gapped some orders around 90.876. Price has already retraced into this area during New York session and our entry was triggered. TRADE Shorted OANDA:NZDJPY with the following with the following parameters: Sell Limit: 90.876 Stop Loss: 91.001 Take Profit: 90.626
Short
by Mankz
1
NZDJPY Short TradeMARKET PHASE OANDA:NZDJPY is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE There was a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price has started it`s initial move down but due to the velocity of the downward move, it's gapped some orders around 91.019. Price is likely to retrace to this level before continuing downwards. TRADE I will be entering short on OANDA:NZDJPY with the following parameters: Sell Limit: 91.019 Stop Loss: 91.159 Take Profit: 90.739
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by Mankz