Nzdjpyshort
NZD/JPY New Trade And Analysis 2 Entries Available In This Video
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 good short position nzd jpy broke the main resistance on monthly time frame and now going to retest that broken structure. also there is a strong resistance ahead which is respected by the market multiple times
look for bearish confirmation on lower times and enter short with your own money management
patience with discipline always pays
patience is the key
NZDJPY: An upcoming TREND CORRECTION!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
NZD/JPY
⚪ Technical Analysis :
On the 18th of January 2021, the price bounced on its wedge's trendline, getting a strong bullish impulse.
Once it broke the daily S/R zone at about 74.500 and re-tested the dynamic trendline, the price moved up until its wedge dynamic resistance line.
It is currently re-testing the same level and the next price action will be essetial to understand the next market movement.
🔴 Conclusion :
In the h4 and daily perspective, the price is clearly following a constant uptrend and it has currently reached the dynamic resistance of its wedge pattern, I'm confident to see an upcoming trend correction until its support zone at about 74.600.
I'll be waiting for a proper rejection on the current level before planning my short position on this trade.
A possible entry point on this trade could be the level at about 75.450 (place an alert and keep this pair in your watchlist!).
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
NZDJPY We have a bullish trend and a break of previous peaks with pin bar formed is a confirmation of the bulls' strength over the bears with a target of 76.600 for us. As for a pair, it has a target of 76.900, but in order to avoid the large number of pending selling orders at the target of 76.900, we will keep our target far from that area.
Unsustained Breakout Failure Play on NZDJPYSee Signposts for key price action details.
75.5 level unlikely to hold supported. Payoff is greater on the downside as level looks to invalidate.
Position size reduced as this is counter-fundamentals
NZD is a relatively stronger currency as new Zealand's Q4 unemployment hints at V-shape recovery potential.
On the other hand, Japan is one of three countries at risk of a double-dip recession. While all central banks are looking to keep their currencies at relatively lower values, this will be more so the case with BOJ.
Bearish Crab PatternNZDJPY BEARISH CRAB PATTERN
Hello Trader, This is a long term trade with a good risk to reward ratio on a daily timeframe.
Market Sell Order Set Up.
Sell Entry: (75.675)
Min Take-Profit: (73.087)
Max Take-Profit: (71.367)
Stop-Loss: (77.359)
Max Risk-Reward: (2.56)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
NZD/JPY Sell opportunity NZD JPY is moving inside a channel in daily time frame and market is at now upper trend line resistance
as we clearly see an uptrend but there is a retracement almost to the 50 moving average and mentioned Fibonacci areas down below
look for bearish confirmation on lower time frames and enter sell with your own money management and never ever forget that patience with discipline always pays
patience is the key
NZD/JPY GOOD SHORT POSITION NZD jpy broke the trend line resistance and market is also back to retest the horizontal resistance 0.75220
rejected from that resistance with a long wick and market now going down to retest the broker resistance turned support which can we see on weekly and daily time frame
look for bearish confirmations and sell with your own money management
patience and discipline are the most important thing to be a successful trader
patience always pays
patience is the key
NZDJPY_- Sell Bigger Time <<<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. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management.
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Thank you for your support!
NZDJPY: Is the price COLLAPSING under its TRENDLINE?Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
NZD/JPY
⚪ Technical Analysis :
Since November 2020, the price has been moving following an interesting ascending channel, reaching its main resistance zone at about 75.540 on the 8th of January 2021.
The price then collapsed, bouncing back on its main trendline but not able to reach again the previous level.
It has currently re-testing the trendline and the next price action around that area will be essential to understand a possible breakout.
🔴 Conclusion :
Overall, the NZD is giving us a short opportunity, the market is showing clear signs of weakness and I'm confident to see an upcoming breakout of its trendline.
I'll be waiting for the price reaching the level at about 74.000 before planning my short position on this trade.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni