NZDJPY.P trade ideas
NZDJPY strong BUY 1:3.5 tradeStrong 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 4 Hour Analysis (18 May 2023)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.
NZDJPYWe saw NZDJPY Short Because, NZDJPY Symmetrical Triangle Breakout or NZDJPY Moved to 50% Retest.
NZDJPY SHORTAs 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.
NZDJPYPrice approach at key level+ trend line and formation of rising wedge pattern break alway trail sl once tp 1:1 reach
NZDJPY HIGH PROBABILITY LONGThe Most recent SL is to be swept (ssl ) only than will we look for MSS to the upside
NZDJPY - 1HDISCLAIMER: 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 implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
NZDJPY1) order limit
2) maintain stoploss
3) follow money management
4) journal your trade
Thank you
NZDJPY - 1HDISCLAIMER: 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 implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
NZDJPY Sell trade opportunitiesNZDJPY 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
NZDJPY Bearish Forecast
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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NZDJPY SELL IDEAIn 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.
NZDJPYNZDJPY 4H timeframe wait for breakout and retest the view is only bearish and short positions,,,,, { have a good day }
NZDJPY Sell trade opportunitiesNZDJPY 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.
💡Don't miss the great sell opportunity in NZDJPYTrading 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 dynamic resistance.
. The RSI is at 48.
Take Profits:
TP1= @ 81.972
TP2= @ 80.554
TP3= @ 79.500
TP4= @ 77.933
TP5= @ 75.786
SL: Break Above R2
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