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...
⬆️Buy Nzdjpy now 82.671
Stop loss and target mentioned in the charts
Nzdjpy long analysis done by Manpritfx
What are these signals based on?
Technical Analysis , Price Action Candlesticks , RSI , Moving Average.
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New Zealand Dollar against Japanese Yen, in D1 time frame, NZDJPY has been trading within a range territory from 82.226 to 87.270 and of course it's something to look seriously, from the resistance tested above or nearly 87.486.
The ABCD Harmonic pattern suggest that the buying run may end soon because the completion of D has taken place and some rejection has...
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (86.390).
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...
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...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
NZDJPY if it closes above the line then it will be a bullish long position.
And if it closes below the line then it will a short position.
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