Nzdjpyshort
NZD/JPY New Analysis 1:5 Risk RewardThis 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 sellprice has reached top of channel and now shown rejection, i expect price to drop to 0.618 fib region
NZDJPY: Retracement Movement Happening...What to look out for???We managed to see 71.20 resistance level being broken with price level now moving within a new phase. The next strong resistance level for NZDJPY will be 73.28 price level. However, for a test to this level, I will be expecting BULLISH strength to build up.
Is this BULLISH breakout confirmed?
As of now, it will relies on further price movement. I will be looking for a retracement to the broken zone, which is also the 38.2 fib level. If we managed to see a rejection from 38.2-50.0 fib level, we can confirm that BULLISH continuation will occur. If a BEARISH continuation move price level beyond that point we will still respect the old support and resistance level. For now, I will open a short position till 38.2 fib level before deciding the further movement for NZDJPY. I will update again once price level moves closer to that zone.
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NZDJPY SELL IDEAWhats sup traders I hope your having a great trading week, Currently looking at nzdjpy for a Sell as i think that the yen will get stronger than the nzd overtime Please let me know what you think about this pair.
NZDJPY - False level retestThe price is returned for retest level - the previous touch of the level more than 1 month ago. moreover, a strict namber of false breakdowns.
Thank you very much and thank you to the responsive commentators for their understanding.
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NZDJPY Sell TRADE IDEA. Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
NZDJPY - A big short opportunity may present it selfGNZDPY is at the top of corrective ascending channel right now. It reach this area impulsively. The price already got a little rejected right now. I will wait for this rejection to go a little further. After that,if i get a bearish continuation pattern to confirm the move to the downside, i will happily take short trade at the break of the continuation pattern as i draw in the chart. On the other hand, if i dont get the confirmation i will still be watching this pair from the sideline
nzdjpy ideakey area of interest here .price has been trying to brea through but it still hasnt ..im expecting a bearish momentum
NzdJpy to resume its long term downtrendNzdJpy is in a clear downtrend for 7 years now, with the pair dropping from 93 high to 60 low in spring.
After a normal correction/medium-term uptrend and a high around 72, the pair is in consolidation/distribution from the beginning of June.
Clear support is marked by 69 figure and a drop under this support would signal resumption of long term downtrend and a high probability short trade with a target of 66
NZDJPY - Day trade by Keltner 30-Dec-2020Risk: 1%.
Data backtest is maximum history bars with premium account.
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Look to chart below to found the current rule.
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1. The Long signal is calculate by the Close of candle crossing up The Keltner Channel Upper.
2. The Short {Sell] signal is calculate by the Close of candle crossing down The Keltner Channel Lower.
3. Reset the Up/Down confirm at Entry.
4. Don''t entry when occurs the Reversal Candle (over 80% the Heigh of Keltner Channel).
5. Stoploss and Take Profit is calculated by Plus or Minus from the Price Entry.
NZDJPY SHORTNZDJPY also creating a nice short opportunity, watch lower time frame and how market is gonna react on the pattern formation, good luck!
NZDJPY Short Setup NZDJPY has rejected a strong level and I expect NZDJPY to reverse and continue another impulse move to the downside.
