๐งญ NZDJPY TRADE PLAN
๐ Date: April 2, 2025
๐ Plan Type: Main Swing Trade โ Bearish Reversal
๐ Bias & Trade Type:
Trend Continuation Sell after Pullback into H4 Supply Zone
๐ฐ Confidence Level: โญโญโญโญ (80%)
Reasons / Confluences:
โ D1 bearish trend with LH/LL structure intact
โ H4 OB + imbalance at premium level
โ Liquidity sweep on H1 prior to rejection
โ Clear exhaustion candles on H1
โ Risk-off tone supporting JPY strength
๐ Status:
Awaiting first-time tap into the H4 supply zone โ trade not yet triggered
๐ฅ โฃ Primary Sell Zone: 86.05 โ 86.25
(H4 OB + imbalance fill + stop hunt confluence)
๐ง โฃ Secondary Sell Zone: 86.55 โ 86.70
(Final sweep area above H4 equal highs + D1 imbalance top)
โ Stop Loss: 86.85
(Above all liquidity + structure invalidation)
๐ฏ Take Profits:
TP1: 85.25 ๐ฅ (H1 demand flip zone)
TP2: 84.65 ๐ฅ (H4 range midpoint + prior reaction low)
TP3: 83.90 ๐ (D1 equal lows & trend continuation target)
๐ Risk:Reward: Approx. 1:3.5
(Tightly defined risk, multi-R target path)
๐ง MANAGEMENT STRATEGY:
โ SL to BE after TP1 hit
โ Secure partials at TP2
โ Trail below H1 LH structure to TP3
โ ๏ธ Confirmation Criteria:
โ Bearish engulfing or pin bar on M30โH1
โ Entry only with rejection wick or volume spike
โ Optional: MACD or RSI bearish divergence
โณ Validity:
Valid for 1โ3 days.
โ Invalidate if price closes above 86.85 on H1 or breaks HTF bearish structure.
๐ Fundamentals:
โ JPY supported by mild risk-off environment
โ NZD under pressure due to weaker dairy outlook
โ No major data expected in next 24h = clean window
๐ Final Summary:
NZDJPY remains in bearish structure. Looking to enter a clean risk-defined short from premium H4 supply zones after liquidity sweep and OB rejection. This aligns with macro sentiment and volume exhaustion at highs. Plan allows tactical re-entry if first zone missed.
๐ Date: April 2, 2025
๐ Plan Type: Main Swing Trade โ Bearish Reversal
๐ Bias & Trade Type:
Trend Continuation Sell after Pullback into H4 Supply Zone
๐ฐ Confidence Level: โญโญโญโญ (80%)
Reasons / Confluences:
โ D1 bearish trend with LH/LL structure intact
โ H4 OB + imbalance at premium level
โ Liquidity sweep on H1 prior to rejection
โ Clear exhaustion candles on H1
โ Risk-off tone supporting JPY strength
๐ Status:
Awaiting first-time tap into the H4 supply zone โ trade not yet triggered
๐ฅ โฃ Primary Sell Zone: 86.05 โ 86.25
(H4 OB + imbalance fill + stop hunt confluence)
๐ง โฃ Secondary Sell Zone: 86.55 โ 86.70
(Final sweep area above H4 equal highs + D1 imbalance top)
โ Stop Loss: 86.85
(Above all liquidity + structure invalidation)
๐ฏ Take Profits:
TP1: 85.25 ๐ฅ (H1 demand flip zone)
TP2: 84.65 ๐ฅ (H4 range midpoint + prior reaction low)
TP3: 83.90 ๐ (D1 equal lows & trend continuation target)
๐ Risk:Reward: Approx. 1:3.5
(Tightly defined risk, multi-R target path)
๐ง MANAGEMENT STRATEGY:
โ SL to BE after TP1 hit
โ Secure partials at TP2
โ Trail below H1 LH structure to TP3
โ ๏ธ Confirmation Criteria:
โ Bearish engulfing or pin bar on M30โH1
โ Entry only with rejection wick or volume spike
โ Optional: MACD or RSI bearish divergence
โณ Validity:
Valid for 1โ3 days.
โ Invalidate if price closes above 86.85 on H1 or breaks HTF bearish structure.
๐ Fundamentals:
โ JPY supported by mild risk-off environment
โ NZD under pressure due to weaker dairy outlook
โ No major data expected in next 24h = clean window
๐ Final Summary:
NZDJPY remains in bearish structure. Looking to enter a clean risk-defined short from premium H4 supply zones after liquidity sweep and OB rejection. This aligns with macro sentiment and volume exhaustion at highs. Plan allows tactical re-entry if first zone missed.
Trade active
tp1 almost hit, trade secured, aggressive selling from metioned zones.Trade closed: target reached
TP2 HIT - ON TO HIT TP3 Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.