Nzdjpysignal
In an ascending channel
Description
As you can see, it is in an ascending channel and by hitting the bottom of the canal, it provides the possibility of re-ascending to the ceiling of the Channel. Can be seen
We have to wait to see if we will climb after hitting the bottom of the channel Or losing the trend line.
NZD/JPY BUY IDEAHey tradomanics,
the previous consolidation seems to be done as JPY could show more weakness due to rising yields.
The structure and volume for NZD/JPY looks pretty bullish to me and I`d look for a breakout above the current correction in order to follow the primary trend.
A flat-type-correction is always a good sign for accumulation and could soon cause bullish momentum! A risk-on-sentiment is btw. often good for NZD as a high-yield-currency!
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Peace and good trades
Irasor
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NZDJPY BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for BUY GOOD LUCK! Great BUY opportunity NZDJPY .
I still did my best and this is the most likely count for me at the moment.
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NZDJPY – Taking a short sell entry hereNZDJPY price has been rejected from top of higher TF Rising wedge structure quite impulsively. Shortly after breaking the Rising wedge, it start to form a bearish continuation flag pattern and managed to break it by few pips on Friday.
This is a trigger for my short sell position on this pair with sl above the flag structure. 1st target is arround 77.000 area (about 1:3 RR ratio).
A convincing break below that level will open a long term sell opportunity with target still remain to be seen.
For now, lets see how will the price develop. Good Luck.
NZDJPY bullish setup on DailyHi Traders,
This is my view on this cross for the next few days.
#NZDJPY
BUY 77.87
SL 76.64
TP 80
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
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