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Nzdjpyshort

NZD/JPY SELL SIGNAL Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! NZD/JPY: Day-Swingtrade-Preparation Market-Sell: 69,990 Stop-Loss: 70,600 Target 1: 69,390 Target 2: 69,030 Target 3: 68,400 Stop-Loss: 61 pips Risk: 0,5 % - 1% Risk-Reward: 2,60 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
8
NZDJPY, 4hr timeframe, Detailed analysis of SHS/Double TopHello my friends, This is my more detailed analysis to NZDJPY of my previous post. Previously i posted about NZDJPY making shoulders head pattern and today price finally closing below 70.00-69.90 support on 4hr timeframe basis. I tried projecting NZDJPY downward movement using Elliott Wave theory and it is possible price could go down until 68.20-68.30 area I've sold NZDJPY with 2 positions 1st sell from 70.25 2nd sell from 70.00 For those who haven't entered NZDJPY sell position, you could wait for price to retest around 69.90-70.00 and enter sell there Sell NZDJPY 69.90 Stop loss 70.65 Take profit 1 @69.10 Take profit 2 @68.30 RR Ratio 1:2 Use proper risk management Good Luck
Short
by HayatoDragonFX
1
NZD/JPY SELL SIGNAL Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! NZD/JPY: Daytrade-Preparation Market-Sell:70,190 Stop-Loss: 70,415 Target 1: 69,970 Target 2: 69,857 Target 3: 69,700 Stop-Loss: 22,5 pips Risk: 0,5 % - 1% Risk-Reward: 2,22 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
NZDJPY - Multi Time Frame AnalysisThis pair is rejecting the key level of 70.500 on the weekly time frame indicating potential failure to break higher. The last weekly candle closure may suggest the bears are ready to drive the price down. The previous daily candle closure was a bearish engulfing candle suggesting that price may want to start selling off on this pair. On the 4-hour time frame, we are seeing signs of a head and shoulders pattern forming again indicating that if we manage to break this we will see an aggressive sell-off. After breaking out of the ascending trend line on the hourly time frame we are now interested in looking for a sell position confirmation, If we don’t get that and price breaks above the key level of 70.0 we will look to buy into the 70.5 region. 67.7% of commercial players are short according to our COT Data source.
Short
by AlkalineFX
2
NZDJPY H1 SHORT PRICE ACTION FORECAST With price action trading within an ascending channel and managing to break through a meaningful level, we could expect a pullback to trigger a sell order as price should continue its bearish momentum towards the channel's support line. The order: Type: sell-limit S/L: 10 pips - R:R | 1:2 - T/P: ascending trendline -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
NZDJPY H4 SHORT PRICE ACTION FORECAST This pair's price action is forming an H&S pattern at the H4 intraday timeframe. From a broader look in the weekly realm, it closed last week at the same level of a previous high (for another double-top) and with a precise bearish pin bar for a clear reading on the force form a downward movement ahead. However, it has kept into consolidation trough out this week, with mixed signals without explicit confirmation of a downtrend. A second double top has just formed in the intraday, reason why a short entry is going to be taken after the breakout and re-test of the drawing area. The order: Type: sell-limit S/L: 44 pips - R:R | 1:2.6 - T/P: previous high -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
NZDJPY, daily timeframe, Double Top and SHS pattern in playHello my friend, I noticed some good setup in NZDJPY as price making a potential double top pattern on the daily timeframe. Taking a deeper look into 4hr timeframe we could see another bearish pattern which is favorable to trade. It is a shs or shoulders head pattern. I am going to sell NZDJPY as there is 2 bearish patterns in play for this pair. Also keep in mind there will be NZD datas coming soon in less than 12 hours. Sell NZDJPY 70.00 Stop loss 70.65 Take profit 1 @69.10 Take profit 2 @68.20 I am selling NZDJPY from 70.00
Short
by HayatoDragonFX
NZDJPY - 400+ pips swing {SHORT}Looking at weekly chart of the NZDJPY we can see a 78.6% retracement off the drop that started 16 Dec 2019, and we can clearly see a double top formation with the first top formed 8 June 2020 and the second top formed July 2020. On the same weekly chart, drawing our fibs from the impulse move of 15 May 2020 to the 2 tops we can see price is currently slightly above the 23.6%. We want to see a drop in the coming days and weeks down to the 61.8 where the previous broken structure awaiting a retest is found. Our stops are a 100 pips just above the high of both tops for a take profit target of 400pip+
Short
by mariobillz7