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Nzdjpylong

NZD/JPY with a nice long-opportunity!Hey tradomanicas, looking at NZD/JPY I see a great long-chance as price just broke out of its previous correction. After multiple tests of the accumulation-zone with previous high momentum it looks like price is ready to move up very soon. Stop-Loss-Fishings indicate that retailers were long and already taken out, which is another strong evidence for a long-scenario here as big players are grabbing liquidity. Technically we see a breakout which could attract more buyers to hop in! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Long
by Trading2ez
1
'leap' of faith for further longLast Friday's formation of 4H TF bullish sign is not convincing, however overall it went up well above the lower trend line and strong sign of recovery from previous day's sell off (Note: I already took profit on Friday at 79). it could be just Friday's TP but if it breaks 79.05 it may jump higher to form a new confirmed 4h uptrend which from the chart seems an easy job if not done already during the weekend. Just my cents. If it goes downhill, I don't think it can easily break 78.5 as it's near the limit to break the weekly trend line up and a well formed demand base.
Long
by mleader1
NZDJPY - Bullish BiasNZD - Strong Bullish 1️⃣ The RBNZ delivered a ‘Hawkish’ tone at today’s meeting by projecting that New Zealand interest rates will rise by 0.25% to 0.5% in September 2022. JPY - Strong Bearish 1️⃣ Stock markets turned positive amid optimistic data from the US. ===== Technical ===== We are buying the NZDJPY at support + above SMA50 on M15 chart. This is short-term trading. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction.
Long
by MonsunAsia