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DISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex...
NZDJPY Sell trade opportunities
Its overall sell trend recently breakout the Support level and make a very strong bearish candle below the support here is a good opportunity to take a sell with good risk rewards
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:
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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.
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...
Market is testing trendline 3 times and a good inverted hammer like candle is formed at trendline. Use proper risk management and enter wisely
!Happy trading
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...
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
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...
