JPYNZD trade ideas
Potential bullish rise?NZD/JPY has reacted off the pivot and could rise to the 1st resistance which is a pullback resistance.
Pivot: 86.75
1st Support: 85.88
1st Resistance: 88.15
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NZDJPY to continue in the downward move?NZDJPY - 24h expiry
The primary trend remains bearish.
The sequence for trading is lower lows and highs.
Preferred trade is to sell into rallies.
Risk/Reward would be poor to call a sell from current levels.
Bespoke resistance is located at 87.35.
We look to Sell at 87.35 (stop at 87.70)
Our profit targets will be 86.05 and 85.70
Resistance: 87.00 / 87.50 / 88.00
Support: 85.85 / 85.50 / 85.20
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The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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NZDJPY BULLISH POTENTIAL Harmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
NZD-JPY Local Short! Sell!
Hello,Traders!
NZD-JPY is about to retest
A horizontal resistance level
Of 87.000 after a gap down
And a bearish breakout so
After the retest happens a
Local bearish pullback
Is to be expected
Sell!
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NZD/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are now examining the NZD/JPY pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 88.996 level.
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Lingrid | NZDJPY price CORRECTION. Short TRADE OpportunityFX:NZDJPY market has pulled back after retesting the support level, but overall the price is making lower lows and lower closes, indicating bearish dominance. The recent pullback against the major trend presents an opportunity to short the market. The price is currently testing the consolidation zone, which often acts as both support and resistance, and I expect the price to drop from this resistance zone and also from the upward trendline. My goal is support zone around 86.800
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
NZDJPY Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for NZDJPY below:
The instrument tests an important psychological level 87.296
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 87.875
Recommended Stop Loss - 87.011
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
NZDJPY - 22 Jan 2025 SetupNZDJPY Market structure are now on a Bullish mode. Spotted demand area (Green Rectangle). its the first demand area after the price breaking bearish structure.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
NZDJPY 1 Bullish DiverrgenceI was focusing on NZDJPY from yesterday as most of the market was moving without trends. But on this particular chart I saw that Divergence was forming and I thought to play positively. So I'm placing a Buy Stop on first Higher High As my safe entry. Which hopefully plays well. Thanks LMK what do you guys think?
My Positions
Buy Stop : 87.699
Stop Loss: 86.527
TP : 88.8710
NZD/JPY At The Best Place To Buy It And Get +250 Pips !The price at a very interesting area to buy it , it`s an old support , it pushed the price very hard last time , so i will enter a buy trade with 250 pips target if i have a very good 4H Closure !
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.
NZD/JPY +85 Pips 0 Drawdown , New Entry Valid If You Missed !Our trade running in +85 Pips 0 Drawdown Profits , and we have a very good bullish price action , so as i mentioned in the chart we have a very good place to add a new entry , so we should wait the price to go down a little and then we can the new entry with the same targets .
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.
bullish trend will begin soonIn my latest analysis of the NZD/JPY currency pair, I've applied the Ichimoku technique combined with Andrew's Pitchfork for a comprehensive view of market dynamics.
The indicators suggest that we may be on the verge of a bullish trend. The alignment of key signals indicates a potential upward movement that traders should keep an eye on.
As always, please conduct your own due diligence and consider risk management strategies when making trading decisions. Happy trading!
NZDJPY TRADE UPDATE"📊 NZDJPY Trade Update: Looking to Re-Enter 🎯
Stopped out earlier, but the market is offering a new opportunity. Planning a re-entry at 86.875—same bias, better price. Losses are tuition; the key is refining execution & staying disciplined. Let’s see how this one plays out. 🔄
#Forex #TradingStrategy #NZDJPY"
NZDJPY Trade Update"📉 NZDJPY Trade Update: Stopped Out 🚨
Executed at 87.636, stopped at 87.103. A loss? Yes. But also an opportunity. This trade reinforced a key lesson: cut losses quickly and stay in the game for the next setup. Growth comes from execution & reflection. 🔄
#Forex #TradingMindset #RiskManagement"
NZDJPY at Key Support Zone: Potential Buy OpportunityOANDA:NZDJPY is approaching a key demand zone between, marked by historical price reactions and clear buying pressure in the past. This zone aligns with a strong support level where buyers previously regained control.
The current market structure suggests the potential for a bullish reversal if price action shows a clear rejection from this demand zone. A possible confirmation could be in the form of bullish candlestick patterns, such as a bullish engulfing candle or long lower wicks. If buyers step in at this zone, I anticipate an upward move toward the 88.180 level, which represents a logical target within the current market structure.
Key considerations:
Wait for clear rejection signs at the demand zone before entering long positions.
Manage risk carefully, as a break below the zone could signal further downside potential.