NZDJPY BREAKOUTLook at the above chart and as you can see that it has given the BREAKOUT of the upper TRENDLINE. There is great probability that from here it will go upwards after consolidating 3-4 days near the TRENDLINE area.
KEYPOINTS
ENTRY- 77.700-78.000
STOPLOSS- 76.452
1st TARGET- 79.262
2nd TARGET- 80.955
Nzdjpylong
NZD/JPY 4HR BUY SET UPHi TRADERS this is my trade set up for the NZD/JPY
NZD/JPY Looking like could pull back into the order block zone for further continuation up, so buy only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
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NZDJPY | Important Zone NZDJPY is all ready to give a breakout from a consolidation box. We are expecting bulls will push the price to new highs because the consolidation is almost a month long.
Alternatively, if it fails to give a breakout .. it will continue this consolidation and we need to wait for breakout.
Trade your levels accordingly.
(INTRADAY) NZDJPY - REENTRY FOR BULLISH SETUPIf you follow my analysis before this, I guess you have your anchor on NZDJPY.
So here is the Reentry Level for those who still believe on this analysis.
Wave C of (B) has been completed. Now it's heading to Wave (C).
Reentry Level should be around 75.950
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
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
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.