Bullish Looking for price to retrace back down towards daily support to then push towards the upside. This is definitely a swing trade so be patient with it.
NZDJPY trade ideas
NZDJPY Shows Bullish Signs with Support Zone BreakthroughHello Everyone,
The NZDJPY has discovered support as it entered the daily support zone, closing above both the daily and monthly pivot points. These developments signify a positive indication that the upward momentum is likely to persist.
TradeWithTheTrend3344
NZDJPY - Upside move ✅Hello traders!
‼️ This is my perspective on NZDJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I expect bullish price action from here as price rejected from support zone. My target is buy side liquidity.
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NZDJPY Is Going Up! Long!
Here is our detailed technical review for NZDJPY.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 91.691.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 92.496 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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NZDJPY - longsilly me forgot to post idea as soon as I entered
Anyways Im posting on 15min to make this idea public.
I did analysis on the 1h tmfr and entry on 3min tmfr
Just trying to profit off of small price movements
NZDJPY: Bullish Continuation & Long Signal
NZDJPY
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy NZDJPY
Entry - 91.665
Stop - 91.297
Take - 92.496
Our Risk - 1%
Start protection of your profits from lower levels
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NZDJPY BUYWe tapped down into the 1m OB within a 1hr OB and got a BoS at the 1m
Targeting the unswept asian high
#NZDJPY: This level is suitable for entry and long.The level of 91.00 is considered a good support level for this currency pair.
Now that the price has returned to this level, demands from this level can bring the price back to the upper ceiling or at least halfway.
Considering the upward trend, only buying is recommended.
This level is suitable for entry and long. Of course, in compliance with other risk management considerations.
NZDJPY: Very Risky SellNZDJPY: Very Risky Sell
The price is about to complete a large harmonic pattern.
In the current conditions it is still very risky because it is all about BOJ and the next intervention
in the market.
The market is not reacting at all lately and it keeps rising on hopes that BOJ will make a big
mess again.
I do not understand if they are doing their job or not because we have years without having a clear signal about their monetary policy statement.
They only tell lies and are already losing the confidence of the market.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
NZDJPY - 4hrs ( Sell Trade Target Range 120 PIP ) 💵Pair Name NZD/JPY
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
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🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
🔗 Key Technical / Direction ( Short ) Mid Term
Type : Mid Term Swing
——————————
Bearish Break
92.650 Area
Reasons
- Major Turn level / w
- Fixed Range Hvn Break
- inner Trend Break
- H&S small pattern
- Day + week low break
Bullish Reversal
91.200 area
reasons
- Major Turn level / D
- Pattern Target
- Fibo Golden
- Quarter's Area
- Fixed Range Lvn Area
NZDJPY Long ZoneDon't Forget to click on the follow button to see more Detailed Daily Analysis. Also if you have any questions please do ask them in the comments section!
Here we have our NZDJPY chart.
We have seen volatility on current global tensions across various asset classes. This morning the NZD has fallen Rapidly across the board. From the Long term Downtrend on the NZD we can look for Longs amid the current support we find ourselves at. At highs we can return to shorts.
Look for exit at the eclipse symbol area.
NZDJpy LongNZDCAD is moving in an Ascending Channel. It has been retracing from its new high and has the potential to gain support from a new higher low and continue this channel.
NZDJPY - Follow The Flow 🌊Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NZDJPY has been overall bullish, trading within the rising channel in blue.
Currently, NZDJPY is in a correction phase and it is approaching the lower bound of the channel acting as a non-horizontal support.
Moreover, it is retesting a strong demand zone at 89.5 marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand and lower blue trendline.
📚 As per my trading style:
As #NZDJPY is around the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDJPY - Head and Shoulders 📉Hello Traders !
The NZDJPY Reached Monthly Resistance Level (94.050 - 93.434)
The Price Formed a Head and Shoulders Pattern.
Currently, The Neckline is Broken !
So, I Predict a Bearish Move📉
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TARGET: 91.400🎯
NZDJPY Bearish Setup NZDJPY has created a rising wedge, a signal that bearish movement is around the corner. TP and SL are marked. Always follow risk management.
All ideas we share are SWING setups. It may take weeks or months therefore you should be aware of your swap charges.
Check our history
Message us if you want high-accuracy signals
NZD/JPY BULLS ARE STRONG HERE|LONG
Hello,Friends!
NZD/JPY pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 2H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 92.585 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
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27-02-2024 _ Short Term Bullish Idea _ NZDJPY H11- Bullish Divergence on RSI and MACD.
2- Tripple Bottom
3- Followed by Convergence
(Break of LH with the formation of new HL)
This presents a typical case of Pullback followed by a move to the UP Side.
Entry zone ranges from 38.2% - 61.8% Fibo Retracement
SL Below Tripple bottom and Targets as shown on the chart.
NZDJPYsell idea 4 hr timeframe
Rejection from weekly and daily timeframe area
Head and shoulder pattern
no Bullish diversion
at the break of Neck line
sell stop 92.57
stop loss 93.17
tp1 91.94
tp2 91.32
NZD/JPY-1218 days UpttendIn 2007, before the Great Recession, the price reached an all-time high of 97.791. After that in December 2014 the price was at 94,050 and from that moment we saw a down trend for the next 1,904 days and the price fell by 36% to 59,502 and then we got the COVID and from that moment the trend changed. From the 2020 low, the price has currently jumped by 47% and the trend has lasted for 1218 days and my expectation is that it will continue that way.
Central Bank Rates in New Zealand are
5.50% while in Japan it is -0.10%. Which makes it clear to us that NZD is much more attractive to investors than JPY.
And that's why I believe that NZD/JPY will continue upwards and my prediction is to test the 2014 peak of 94,000, and the probability of testing the all time high of 97,700 is very likely if we continue with the Fundamentals as before.
To enter a long position, I will wait for a breakthrough of the trend line and the 4h candle must close above the trend line and that will be my confirmation that the price will continue upwards. I will manage the trade along the way, which means after +100 Pips profit my SL will be on BE
NZDJPYIs NZDJPY exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence, suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 91.500.
What you guys think of it?
