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Nzdjpylong

NZD/JPY moving higherHi Traders, we hope you all have just as successful trading Monday as us. We have started hot, gained already more than 250 pips from 2 trades and the best part is they are still active and chasing that TP2. You can check our Twitter for more details :) Now let's take a look at NZD/JPY on 4H chart. We can see that price has nicely declined from Support and now is head up. We believe this week NZD will perform much better than last and there is also chance price could reach resistance line till end of the week. Let us know if you agree or disagree with us with this idea in comment section. And do us a favor and hit that follow and like button and help us grow our community :) Good luck !
Long
by UnknownUnicorn3249870
NZDJPY - Long, wait for the break and retest of Resistance.Hello Traders!! Overall we have the begin of an uptrend. Price is heading towards a resistance level and it's moving within a flat channel, Wait for a break of Resistance (Ceiling) Wait for a RETEST (Price Closes Above the previous level of Resistance) Once Price Confirms Resistance as New Support(Floor). Enter the Trade. Continuation of a Uptrend. Good luck to you all. If you liked this idea, please like, subscribe and comment. This idea does not provide any financial advice.
Long
by RobBezerra
3
NZDJPY approaching support, potential bounce! | 6 May 2020Price is approaching our first support in line with our 78.6% fibonacci retracement, swing low support and ascending trend line where we could see a further push up to our first resistance level. A break above our intermediate resistance would see a further push up to our first resistance level. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too. Cheers!
Long
by FXCM
NZDJPYNZDJPY Multitimeframe analysis 1D As we can see on 1Day chart market formed a nice double top pattern at the supply zone and price rejected from it nicely , we can expect to see a major drop in it. 4H As we can see on 4Hour chart market got rejected from the demand zone , but at the same time market creating a lower low. so, we might see a price rejecting from a trendline in the near future. 1H As we can see on 1Hour chart market created a Fresh Higher High by breaking the previous Lower high and also market breaked the previous trendline support level. We can expect it to rise till 4H trendline level.
by mohdsad32
1