Nzdjpyshort
NZDJPY - Break & Retest Short!NZDJPY - Break & Retest Short! After analysing the NZDJPY on the 4H timeframe, I have noticed that price has failed to break above the 70.700 level many times. Price has broken my trend line, a small retest occurred and I can now see that price is retesting previous structure. When looking at lower timeframes (15MIN), I can already see a break of structure and I have therefor taken a short trade with a trade R:R of 1:6.
NZDJPY Sell Setup of Day Trade.NZDJPY Sell Setup of Day Trade.
Sell Zone Range 70.300 ~70.400
Stop-loss 30-40-Pips.
Take Profit: 69.550 (Almost 100-Pips)
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 H1 SHORT PRICE ACTION FORECAST New Zealand dollar under sellers pressure has recently formed HL&LL pattern, looking forward to price action to break the support continues blue line from D1, for a retest an entry in the market with a short sell order.
The order:
Type: sell-limit
S/L: 20 pips - R:R | 1:2.3 -
T/P: previous confluence zone from support and trendline
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NZDJPY - Short Hey Traders,
It seems the market sentiment is shifting and we are seeing some safe haven flows.
The NZD appears to be in 'overbought' territory and I believe we are going to see some downside movement from here.
I am now live in this position with downside targets being 68.20 (90% rule & structure) & 67.22 for extended (-27 & Daily EMA)
Trade safe : )
NZDJPY Long trade update and short trade planHey guys, here is the trade plan for NZDJPY. As you guys can see we have a resistance level @71.565 and now we just have to wait for the price to come to our sell zone. For trade entry details, please refer to the chart. Let me know in the comment section if you guys have any questions. If you guys like my analysis please hit like and follow. Thanks.
NZDJPY SELL OPTION FOR SWING TRADE.NZDJPY SELL OPTION FOR SWING TRADE.
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.