NZDJPY trade ideas
NZDJPY Sell ideaPossible sell setup For NZDJPY. Look for break of structure before entering. Look for entries around the (1 point) or (3 point) after structure is broken. :)
NZD/JPY POSSIBLE SELL OPPORTUNITYNZD/JPY FOLLOWING DOWNTREND FROM A VERY LONG TIME. PRICE IS ALSO BELOW EMA200 AND ACTING AS A RESISTANCE. NOW FIRM RESISTANCE IS SEEN AROUND 65.736. AND GOOD SUPPORT IS SEEN AROUND 63.093. FIBONACCI LEVELS ALSO SHOWING THIS RESISTANCE AND SUPPORT ON ITS ONE OF THE PLOTTING POINTS. SO NOW PRICE CAN BE SEEN RETRACING TO RESISTANCE LEVEL OF 65.736 AND THEN GOING DOWNWARD TOWARDS SUPPORT LEVEL OF 63.093 AND FURTHER TARGET AREAS.
ENTRY - BELOW 65.736
SL - AROUND 66.547
TP1 - AROUND 63.093
TP2 - AROUND 61.861
Don't miss the great buy opportunity in NZDJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (64.82). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 65.90
TP2= @ 66.60
TP3= @ 67.85
SL= Break below S2
GO long As trendline breakouttechnical analysis with triangular pattern enter as soon as trendline breakout
Nzd/jpy Technical AnalysisThe price has already entered into the support zone and it is possible that it will enter into the up trend If it breaks the resistance level of the wedge and possibly it can again touch the neck line which will be its resistance level and target for the up trend.
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.
NZD/JPY intraday sellOur pivot point is at 69.75.
Our preference:
the downside prevails as long as 69.75 is resistance.
Alternative scenario:
the upside breakout of 69.75, would call for 70.04 and 70.21.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 69.56 and 69.62).
NZD/JPY intraday BUYOur pivot point stands at 69.33.
Our preference:
rebound towards 70.15.
Alternative scenario:
below 69.33, expect 69.03 and 68.86.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 69.72 and 70.01).
