Hello Traders,
Hope you all are doing good!!
I expect NJPY to go Up.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do...
Controlling over the news, JPY index was too low from Dec 19th. It looks like upside with index, over all JPY pair its gonna come up. So on the board NZD will be the first to see the decline matching with AUDJPY. Japanese index get stronger with USD and news data is my prediction.
nzdJPY based on a technical chart ON D1 it clearly indicates a triangular pattern that contains a length of 29 candles and forms a bearish continuation pattern.
The trading approach will be bearish for this currency after the breakout from the support levels.
Selling zone: 76.750 - 76.650
Stop loss: 77.100
Target: 75.500 - 74.700
Disclaimer: All the...
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (76.91).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
NZDJPY potential buying opportunity, the weekly chart shows an impulse - correction pattern, after every impulse & correction next impulse is formed.
Things to consider:
1. Strong weekly impulse followed by short term correction
2. Correction wave retraced 0.382 Fibonacci level and rejected 2 times
3. Price is moving up from strong weekly support
4. COT data:-...
Hello guys i had find this setup in 1h timeframe which is made double top in 1h and also making bearish pattern at upper trendline we have a good opportunity to short from here with sl at resistance and below support tg also plzz do your own analysis before taking any trade if you like my analysis plzz like share and follow thank you
Hello guys i had find this trade in 1h time frame which is made resistant and have a double top and channel broken we have a good selling opportunity with above resistant sl and near support target and also before taking any position do analysis yourself also if you like my analysis plzz like share and follow thank you
NZDJPY facing strong support level and trying to break but weak momentum of candle is hint that it will continue Bullish trend with respect to support level.
So wait for perfect entry and take this signal with low lot size.
NZDJPY BUY
TP 1 : 79.779
TP 2 : 80.166
TP 3 : 80.869
SL : 78.963
Let me know is there something wrong in my analysis.
Good luck.
First...
The market came and retested the trendline again in 4hrs. So we went down to the lower timeframe for entry. After the breakout of previous resistance in 30 mins we took this trade with a very good 1:2 risk to reward.
we took this trade very earlier before and got stopped out. So we are in this trade again.
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (78.80).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
![NZDJPY: NZDJPY quick scalp (18pips) [13.09.21]](https://s3.tradingview.com/y/YUI1Jpba_mid.png "NZDJPY quick scalp (18pips) [13.09.21]")
