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Nzdjpybuy

Ride the BULL all the way to the BANK ;p You don't need to be Einstein to see how strong of a level this is, but just in case you are brain dead we have pointed it out with lovely purple arrows ;p This level has been used as strong resistance and now price is coming back down to test this as support, we can see a bounce and a bullish run coming, and we think it will be a very angry bull... so run for cover or jump on its back and let it take you all the way to the bank. So go long.. but trade with CORRECT RISK MANAGEMENT!!!! And don't get greedy as greed in the Forex market is why 99% of people fail. Also only use this analysis if it lines up with your own analysis.
Long
by ApexFX_Pro
NZDJPY Potential Monthly Reverse Head and ShouldersShown in this example is the Monthly timeframe of the NZDJPY where we are currently sitting at the potential formation of a right shoulder in a reverse head and shoulders pattern. At the moment this market is showing respect for the low that was established at the left shoulder right around the 73.11 level. The ability for this market to stay above the left shoulder around the 73.11 level will increase the likelihood that the long term pattern will evolve. This sets up for a major long term move that would take NZDJPY all the way to the 98 level. A move below the left should around the 73 level will invalidate this idea. So for the expected move toward 98 this turns out to be a huge move the expected risk associated with the idea.
Long
by Andy_Garcia_CMT_CFTe
3