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Nzdjpysignal

NZDJPY has formed triple bottom patternminor support level has brought price up on my previous analysis (link attached below!), now price formed triple bottom formation and might bring NZDJPY continue its upward movement, wait for horizontal resistance breakout before placing any buy order. be patient! Plan : horizontal resistance breakout --> wait for prices to bounce off from horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
NZDJPY buy on H4Plan : wait for price to bounce off from horizontal support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
NZDJPY trade idea on H1NZDJPY soared high after the announcement of interest rate by RBNZ, currently we area seeing price form a falling wedge pattern and giving us long trade opportunities. Plan : wait for prices to bounce off from horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
8
Trading Pathways Analysis of NZDJPY H4 Chart The outlined white arrow pathway is the predicted pathway that the NZDJPY will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where NZDJPY will turn. PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK. Eiseprod of Trading Pathways
Long
by Trading-Swing-Pathways
NZDJPY at critical Area, could go either way.In all my previous NZDJPY ideas, I recommended traders to sell NZDJPY. If you followed, you might have made close to 200 pips profit from those. However, through this analysis, I want to say that NZDJPY could bounce upwards in the coming days. Today's daily candle might show indications of a trend reversal as this candle has formed at the 100D EMA. So, if NZDJPY closed around 71.25 today, we could very well see a trend reversal in the coming days. That being said, if price does manage to break the 71 barrier and manages to stay below it, the next area of importance will be 70. Ideally, I would keep an eye on today's closing price before executing any further trades.
by YourLazyTrader
1
NZDJPY Sell Trades are still validI mentioned about selling NZDJPY at 73.25 in my previous analysis. As you can see we are already 50 pips down from that point and I believe there is a long way to go. NZDJPY rally failed at two crucial areas: 1) The 100 Week EMA 2)Descending Trendline Resistance. In addition to the technical factors, there are other fundamental aspects such a correction in the stock markets can happen very soon which will lead to a sell-off in risky assets like NZD. So, I will continue to sell NZDJPY in the 72.75-73.50 area with SL above 74. If the trade goes into profit, we can take profit at 72, 71.30 and 70.02.
Short
by YourLazyTrader
NZDJPY buy on H1, potential inverted H&S formation!Plan : wait for prices to bounce off horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
NZDJPY buy on H2Plan : wait for prices to bounce off horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
NZDJPY touched Weekly Resistance: Potential SELL set-upHello Traders, I would like to present a potential SELL set-up in NZDJPY through this analysis. As you can see, NZDJPY has touched the Weekly Resistance in the chart. Currently, the price looks overextended and too many positives(US China trade deal,etc) have already been priced in. So, any kind of risk-off situation can lead to a sharp reversal in price. Hence, based on BEARISH PRICE ACTION in lower time frames, traders can look for SELL between 73.30-73.80 with SL above 74.15. TPs can be set at 72, 71.30 and 70.15 respectively.
Short
by TraderAvDM
1