Nzdjpyshort
NZDJPY. The price will not be subject to strong changes, but wilHi subscribers.
The price of the New Zealand currency will fall as soon as active trading begins.
It is even possible to increase the price to 66,000,
but then the price will inevitably go down to the target.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
NZDJPY AnalysisMost of my analyzes are based on chart patterns. Chart patterns for me have good accuracy.
On this currency pair, based on the falling wedge pattern, the price may fall to 44, this target is conservative. Falling Wedge is one of Reversal Patterns. Of course all predictions / patterns can be missed. If you look at the current movement, bearish is so strong, brokeout volume also strong, the possibility to reach the target based on the existing pattern is not impossible.
Note : I don't give buy and sell signals. All my posts are just ideas. If you want to apply, do your own analysis first, make sure it matches your analysis. If not, then just trash this idea. So that you won't disappointed and blame the other party when everything does not fit the analysis.
NZDJPY SELLI only trade AUD AND NZD related pairs. I closely monitor CHINEESE STOCK MARKET, NEWZEALAND AND AUSTRALIAN ECONOMY to do my analysis.
After years of fx trading, I've found, it's best to trade with 1 or 2 currency pairs. Narrow focus brings the best result in the forex market.
I try to post and update my trade ideas every week. Follow me, if you like my analysis.
I use both fundamental and technical analysis to generate trade ideas. I don't feel comfortable to place orders based on just some random indicators. I look for strong fundamental reasons and these indicators help me to achieve a great risk to reward ratio.
May we all gain some Pips. Happy trading...
I also manage investor's funds and give forex signals. Feel free to contact me if you are interested.
Feel free to contact me for any forex related issue
CONTACT INFO:
Email: mr908fardun@gmail.com
Telegram and what's app: +8801610226090
MYFXBOOK: FARDUN908
NZDJPY bearish outlook!Hey guys, on NZDJPY i am expecting bearish pressure to continue directing the market.
-Weekly descending trendline has been respected
-Lower high formed on Daily chart
-Now in bearish sequence on 4h chart
FOR THIS TRADE TO BE VALID WE MUST SEE A DAILY BREAK OF TRENDLINE, FOLLOWED BY A NEW LOW, AND THEN WAIT FOR PRICE TO CORRECT & REJECT A FIB LEVEL TO ADD CONFLUENCE TO THE TRADE. Currently this is just an overall analysis and forecast rather than a trade idea.
NZDJPY. How long will the price fall?Hi subscribers!
The New Zealand dollar is plummeting.
A few days ago, the price was at a key level (70,000).
Immediately after that,
the price fell even more and will continue to do so to the support level.
Target at (66.855).
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.