NZDJPY SELL ANALYSISWe currently waiting for price to breakout the trendline upon the breakout we should anticipate a retest whereby we will then execute our trades
Nzdjpylong
NZDJPY - HEADING UP?There are some room to be filed soon.
The downtrend hasn't completed yet.
We should wait the confirmation.
I guess the Entry Level is good enough to put an anchor.
It might happen this week.
NZDJPY LONG IDEAHey guys, this pair is currently at deep discount. I would expect to see some bullish movement
LONG ON NZD/JPY Price has been on a nice uptrend, it has also been respecting the 38.2 Fibonacci level
Price is now at an apex point (trendline meets support line) I expect price to continue going up after another bounce off the Fibonacci level.
Here is the play I will be taking on this pair:
PAIR = NZDJPY
ORDER TYPE = BUY STOP (PENDING ORDER)
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 77.806
STOP LOSS = 75.802 - 200 PIPS
TAKE PROFIT = 81.504 - 369 PIPS
NZDJPY - LONG #NZDJPY H4
Here is possibility for NZDJPY
Market Moving In Bullish Channel
Best opportunity for Buyers
NZDJPY - LONG#NZDJPY Daily
Here is in Daily Chart Frame
NZDJPY Clearly Break The Daily Support Area
And Make a Nice Retesting
We Are Looking Now That NZDJPY is Moving To High To 1st And 2nd Target
NZDJPY1. 8/13 EMA daily timeframe crossover has triggered a bullish sentiment
2. Retracement of the previous swing is 0.786.
3. Current projected of is 100% of the previous swing pattern could be 3 or 5 wave move.
MERRY CHRISTMAS AND A HAPPY NEW YEAR.
Long NZDJPYBeautiful break and retest of a Cup & Handel patter on the 1 & 4 hourly for NZDJPY .
Autochartist.com also giving a long signal with a target of 78.72 within the next 24 hours.
However, the technical target of the Cup & Handle is around 79.50!
My Trade: Long NZDJPY
Entry: 78.015
Target 1: 78.75
Target 2: 79.50
Time Frame: 2 days
Boom,
@theRaggy
NZDJPYThe basic concept of the chart is Dow theory and it suggests that HH HL is in play based on that we can easily say that a long position should be taken and the first target is 83. Also, stop loss should be applied on the dark green line.
RSI also suggests a highly oversold position.
NZDJPY Climbing outDon't forget to click on the follow button for more daily professional analysis,
Here we have our NZDJPY Chart.
After the recent rally across Yen pairs, we have seen a strong up move out of lows.
Often, when you have up moves they will not be complete immediately.
You will get PullBacks's.. and you have to take advantage of them!
We are long to our next TGT noted by the blue directional arrow.
NZDJPY 1:3 RR trade long into 77.800 , 78.500 (Extended target)Confluences
a. FIB 38.2%
b. Break of 4H structure and Daily Structure
c. Key level
SUPPLY AND DEMAND - NZDJPY (5-11 Dec 2021)MN TF:
SELLING pressure
W1 TF:
Reaching Fresh Demand area - good place for LONGs as price will react to the demand zone.
D1 TF:
Prepare for Fresh LONGs
H4 TF
BUY zone identified
NZDJPY ready to take offHi traders,
As you can see the price action is at a very crucial point. Strong support followed by a strong trend line which has been respected for quite some time now. We can also sign of rejection and bullish divergence. It all adds to the fact that we should see an upside push very soon.
Please let me know your thought.
Trade safe and use proper risk management.
Good luck.
NZDJPY BUY!!Follow up to yesterday's prediction :
as mentioned in the Chart Yesterday , there were 2 scenarios possible for the price movement . The Price is following Scenario 2 and is now ready to move up till the Target of 79.38. The currency pair has already tested the lower Resistance of 76.67 and is ready to show some bullish movement!
NZDUSD Inverse H&S, WeeklyLong term uptrend for NZDUSD
Golden cross can be seen corresponding to the right shoulder of the inverse H&S
Comparable points in green ovals
Alike with AUDUSD, very similar points can be drawn between now and in the past. Heres the post.
NZDJPY 1:3 RR Swing trade/Long positionSWING TRADE / Long position
Here are the confluences;
a. Monthly/Weekly - Bullish Momentum (Uptrend Structure)
b. Main trendline Potential third touch
c. Weekly Level
NZDJPY Analysis a quick move availableOn the verge of break of HTL and VTL on 2H timeframe.
A short high probability sprint available for NZDJPY between 80.690 (buying SL) to 80.790 as 1st TP
SL as per risk appetite, first small logical SL would be below 80.3.
Trail SL as we move ahead.
NZDJPY LONG - Buy Entry - H4 ChartNZDJPY LONG - Buy Entry - H4 Chart
Symbol: NZDJPY
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Stop Loss: 79.650
Take Profit: 81.957
🔺 DISCLAIMER
🔺 For educational informational purposes only.
🔺 Analysis may change at any time without notice.
🔺 You must research and create your own trading plan.
`NZD/JPY `Bullish Momentum After Rejection Price made a nice rejection and we are waiting the breakout of the structure for buy entry. Safe entry is above the dotted line which is also previous buyers territory.
