Nzdjpybuy
NZDJPY Impulse - Correction SpottedNZDJPY 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:- NZD - 1k ⬇️ JPY - 61k ⬇️ (overall price will go up since JPY is much weaker than NZD)
How to enter:
1. Study the chart provided
2. Locate all the important prices
3. Tommorow when market is open find best entry on 4hr timeframe
4. Stay tuned for sniper entry on Monday
ALL THE BEST!
NZDJPY buying againThe 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.
Intraday buy setup in NZDJPYThe daily and weekly shows that the NZDJPY is in a strong uptrend. Going down to a lower time frame the market is in a correction of the uptrend and also using fib retracement the market has exactly taken 61.8% retracement and started to move up.
NZDJPY 4HR LONG PROJECTIONHello Trades,As per my previous analysis on NJ , Price has failed to push further downwards, there was bullish engulfing at current support level.Hence this would be a good buy opportunity once PRICE GETS RETEST AT CURRENT SUPPORT LEVEL.RISK REWARD RATIO 1:4.5 .Ensure that you use proper risk management with given StopLoss .Please feel free to Message me for your account growth and profitable trades. Account management is offered .Thank you.
SELL NZDJPY!!!So, what kind of situation we have in NZDJPY pair. If we see the trend lines, it's saying that it's a good time to short this pair as this region holds strong resistance.
Also, in the 4 hr chart, we got conformation to sell this pair. So, if we take a short here then we will be taking profit at 65.300 approx. with a stop loss of 66.200. It's a good risk to reward ratio.
Prices must follow the south direction.
So, we are going to enter this trade now. Let's see what happens!!!!
Stay updated :)
BUY NZDJPYTHERE IS A BUY SETUP IN NZDJPY PAIR. IT'S AT PIVOT IN 4 HOUR CHART. ALSO, ITS IN BULLISH TREND.
SO, CAN TAKE PROFIT AROUND 65.600 LEVELS.
GO FOR IT!!!!
NZDJPY WHERE ITS HEADED!!On Friday NZDJPY rallied near to 65.00. So what's next?
According to the trend channel, it must bounce back to 64.00 levels approx. BUT this time it may be breaking this trend and in that case, we will be seeing 66.500 levels approx. and on the downwards direction there is support holding still at 65.00. So, a rebound might be seen from there.
What should be the plan??
If we are long on this pair, nook profit here or at least save some by moving stop-loss above. If planning a short then don't take it now, wait till it gets confirmation below 65.00. Otherwise, be neutral as it has high chances to rebound from 65.00 levels if not, then it may rebound again from 63.700 which proved to be a strong support region.
Now, if you liked this analysis then leave a like and follow me. :)
BUY NZDJPYThere is a good buying opportunity in NZD/JPY. Taking a long position now with TP - 66.000 may be achieved.
SL-63.700
THERE WILL BE THIS TREND FOLLOW!! IT MUST RECOVER FROM HERE.
Clear buy signal on NZDJPYHello folks, its thursday and its time to make some money before weekend.
So here is an analysis on a clear buy indicator.
Pair= NZDJPY
As its very clear that it the price is going up
after hitting the support line.
Also there is a double bottom chat formation and its on the verge
of completing the pattern.
One can go long with tp of 71.000 and SL of 66.400
Hope you all like the analysis, follow for more suce awesome analysis.
Thanks.
