NZDJPY to continue in the downward move?NZDJPY - 24h expiry
The primary trend remains bearish.
The sequence for trading is lower lows and highs.
We have a 50% Fibonacci pullback level of 90.85 from 91.25 to 90.20.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 90.80.
We look to Sell at 90.80 (stop at 91.10)
Our profit targets will be 90.05 and 89.90
Resistance: 90.80 / 91.10 / 91.40
Support: 90.20 / 89.90 / 89.60
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NZDJPY trade ideas
NZDJPY, Trendline BreakoutNZDJPY on the daily timeframe indicates a potential bearish trend. The price has recently breached below the trendline support, signaling a probable breakout. This breach suggests a weakening of buying pressure and a potential shift towards selling momentum. As per this analysis, the target for the bearish movement is anticipated to extend towards the psychological level at 88.00. Traders may consider monitoring further price action for confirmation of the downtrend continuation.
NZD/JPY +250 Pips , H&S Pattern Confirmed Short Setup Valid !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 +250 Pips , New Short Entry Valid To Get 200 Pips !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 - 4hrs ( Sell Trade Target Range 160 PIP ) ๐ตPair Name NZD/JPY
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
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๐ Key Technical / Direction ( Short )
Type : Mid Term Swing
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Bearish Break
90.300 Area
Reasons
- Major Turn level / M
- Channel Middle Break
- choch Break
- Fixed Range Poc
- Fibo Golden
Bullish Reversal
88.500 Area / Target
NZDJPY Will Explode! BUY!
My dear friends,
Please, find my technical outlook for NZDJPY below:
The instrument tests an important psychological level 90.749
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 - 91.071
Recommended Stop Loss - 90.560
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
NZD/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello,Friends!
NZD/JPY is trending up which is obvious from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a classical trend following opportunity for a long trade from the support line below towards the supply level of 91.058.
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NZDJPY - 4hrs ( Buy Trade Target Range 120 PIP ) ๐ตPair Name NZD/JPY
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
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๐ 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
๐ Key Technical / Direction ( Long )
Type : Mid Term Swing
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Bullish Break
91.050 Area
reasons
- Major Turn level / D
- Fixed Poc Break
- inner Trend Break
- Day / w High Break
Bearish Reversal
92.250 Area
Reasons
- Major Turn level / W
- Pattern Target
- inner Choch Area
- Quarter's High
Sell NZDJPY Bearish FlagThe NZD/JPY pair on the M30 timeframe presents a potential selling opportunity due to the presence of a well-defined bearish flag pattern. This pattern often indicates a continuation of a downtrend following a brief period of consolidation.
Key Points:
Sell Entry: Consider entering a short position (selling) around the current price of 90.85, positioned near the resistance line of the flag. This offers an entry point close to the perceived continuation of the downtrend.
Target Levels: Initial bearish targets lie at the following levels:
90.30: This represents the height of the flag, measured from the top trendline to the bottom trendline, projected downwards from the breakout point.
89.92: This is a further extension of the downside target, based on the height of the flagpole (the initial downtrend before the flag formation).
Stop-Loss: To manage risk, place a stop-loss order above the resistance line of the flag, ideally around 91.30. This helps limit potential losses if the price breaks above the flag pattern.
Thank you.