Strong 200EMA is below the price. Strong support. Positive news(Cash Rate) Is comin soon for NZD. Simple and Best setup Good 1:3.5 Trade
NZDJPY Trading Ideas 1. QM formation found 2. Price is in Supply area 3. We can find bearish divergence in AO and MACD 4. Expecting Bearish move, but we have to wait.
We saw NZDJPY Short Because, NZDJPY Symmetrical Triangle Breakout or NZDJPY Moved to 50% Retest.
As we can see on PEPPERSTONE: NZDJPY 4H chart price may retest imbalance area. If price return to this area we are looking for structure shift & possible entry.
Price approach at key level+ trend line and formation of rising wedge pattern break alway trail sl once tp 1:1 reach
The Most recent SL is to be swept (ssl ) only than will we look for MSS to the upside
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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...
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.
Elliott Wave theory is a theory in technical analysis. now 3rd wave impulse wave
NZDJPY bearish large candle, then support DEMAND ZONE. BUY ENTRY
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: 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.