Market now forming an symmetrical triangle pattern structure formed, wait for the trend line support or resistance level breakout after entering the trade, another for Rising wedge pattern structure formed and now market in retest level of support level breakout after entering the trade
Trading Ideas- Short positions below 86.24 with targets at 80.59 & 79.00 Alternative scenario If price sustain above 86.24 look for 88.81 & 90.40 as targets. Supports and resistances 80.59 & 79.00 88.81 & 90.40
It's time to good opportunity to trade on NZDJPY pairs Market forming an Descending triangle pattern structure formed, wait for trend line resistance level or support breakout after entering the trade
Trading Ideas- Short positions below 87.09 with targets at 80.39 & 78.76 Alternative scenario If price sustain above 87.09 look for 89.81 & 91.48 as targets. Supports and resistances 80.39 & 78.76 89.81 & 91.48
Trading Ideas- Long positions above 82.60 with targets at 90.30 & 92.42 Alternative scenario If price goes down 82.60 look for 79.18 & 77.09 as targets. Supports and resistances 79.18 & 77.09 90.30 & 92.42
Trading Ideas- Short positions below 87.65 with targets at 79.59 & 77.41 Alternative scenario If price sustain above 87.65 look for 91.28 & 93.48 as targets. Supports and resistances 79.59 & 77.41 91.28 & 93.48
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Looks good for long - Forming HH pattern and Triangular Bo
Market forming an rising wedge pattern Wait for the trend line resistance level breakout after enter the trade Target 1 🎯 79.487 Target 2 🎯 78.467
Base on order block method, there is a formation of new low and high, it indicates possible trend reversal. so longing it .
Trading Ideas- Short positions below 85.15 with targets at 77.29 & 75.24 Alternative scenario If price sustain above 85.15 look for 88.57 & 90.62 as targets. Supports and resistances 77.29 & 75.24 88.57 & 90.62
Trading Ideas- Short positions below 85.20 with targets at 78.21 & 76.47 Alternative scenario If price sustain above 85.20 look for 88.04 & 89.84 as targets. Supports and resistances 78.21 & 76.47 88.04 & 89.84
This is for short term. Before entering the trade do your own research.
its break the triangle pattern at the top side so it will go up
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (85.42). 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...
NZDJPY :- harmonic pattern has been completed.. go for long... Price :- 85.280 Sl :- 85.000 TP :- 86.400 LET'S READY FOR PARTY
The chart shows a channel pattern since 2020 and now the pattern shows a multiple rejection at the top resistance zone . And now small correction in the price . And now the inside of the pattern shows a falling of price and it touches a near the Minor resistance zone . wait for the breakout If it breaks the minor resistance it will go up to the major Resistance...