Nzdjpysignal
NzdJpy to break support?Since February, NzdJpy has had 6 attempts to stay above 79 figure and failed every time.
Now the pair broke under trendline support and is trading just in horizontal support level around 78
A break here would give bears the upper hand and would expose 76 support.
NzdJpy back above 79 would negate this bearish scenario
NZD/JPY SELL SIGNALHey tradomaniacs,
welcome to another trade-setup!
NZD/JPY: Day-Swingtrade-Execution
Market-Sell-Order: 78.430
Stop-Loss: 78.960
Point of Risk-Reduction: 77.950
Take-Profit: 76.730
Stop-Loss: 55 pips
Risk: 0,5% -1%
Risk-Reward: 3,10
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Peace and good trades
Irasor
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NZD/JPY +160 Pips Profit And New Entry Available 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
NZDJPY LONGThe Price didn't made a lower low violation of market structure. Price currently sitting support level or neckline for a double bottom . Base on the daily & weekly candle the next candle must open to the upside. The Stop loss is protected by previous low and trend line also S/R level . Price broke the trend or trendline signaling for a reversal . Market structure shows a double bottom pattern signaling to the upside. Multiple confluence for a signal going to the a upside