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We saw NZDJPY Long Because, NZDJPY Breakout Descending Channe.
We saw NZDJPY Long Because NZDJPY Moved in Descending Channel. And make Double Bottom.
We saw NZDJPY Short Because NZDJPY Moved in Descending Channel.
Important things to watch, key levels, trendlines, horizontal supports and double top Next targets after break of the neckline of double top 86.00 and 85.600 Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and...
In a quick note, i expect this pair to very soon initiate it's impulsive move after the correctional movement from the current channel. Raising wedge pattern is as well spotted.
I expect bearish continuation with AUDNZD due to the Hawkishness of RBNZ after the 75bps rate hike they also hinted another policy tightening, we'll expect another rate hike coming February next year 2023. Technical outlook seems to indicate another support level which is broken, and the next target for sellers is next yellow horizontal support level.
* Ascending triangle, mostly found in uptrend, and mostly bullish continuation. * The RBNZ increased it's interest rate by 75bps as expected, and the RBNZ were Hawkish, hence we expect more bullish presure with NZDCHF and NZD related pairs. * Break below the triangle may violate the pattern. Note: All ideas forecasts are my personal views on the market, I share...
NZDJPY Sell trade opportunities NZDJPY running in the Bearish Phase its was breakout the support level and currently its retest the resistance line and close with strong bearish candle its good Opportunity to take sell trade with the target mention in chart.
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (83.310). 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...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (84.44). 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...
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This is for short term. Before entering the trade do your own research.
After an rally of bullish trend in jpy, it started falling soon. So us proper risk management !Happy trading
market formed pin bar on major resistance zone in d1 time frame.
in 1 hour wyck-off accumulation process going on, trade accordingly (1:50 rr)
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...