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NZDJPY

NZDJPY - Combo TradeWe could be a bit early for this 5-0 Pattern trading setup. That is because the daily chart has not confirmed; the candlestick pattern confirmation is required. I pull the trading confirmation of the 1-hourly chart. This is a trading management I've been using and refining for the past 5years. There are 2 kinds of trading management for the such combo. ComboTrade - Valid trading setup off the higher timeframe, but we engaged the trade on the smaller timeframe UpsizeTrade - Valid trading setup on the smaller timeframe and final target stretch to complete the higher timeframe. Both are high-risk trade management, which means the chances of stop-loss being hit are higher, but the profit factor(reward) is amazing. Of the two selections, upsize trade has the higher risk.
Short
by RaynLim
Selling into NZDJPY positive momentum?NZDJPY - 24h expiry - We look to Sell at 85.00 (stop at 85.75) Previous support located at 84.00. Previous resistance located at 84.50. Indecisive price action has resulted in sideways congestion on the intraday chart. A move through 84.00 will confirm the bearish momentum. Our profit targets will be 82.50 and 82.00 Resistance: 84.50 / 85.00 / 85.50 Support: 84.00 / 83.00 / 82.50 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets
NZDJPY approaching key resistanceNZDJPY - Intraday - We look to Sell at 85.00 (stop at 85.75) Previous support located at 84.00. Previous resistance located at 84.50. Indecisive price action has resulted in sideways congestion on the intraday chart. A move through 84.00 will confirm the bearish momentum. Our profit targets will be 82.50 and 82.00 Resistance: 84.50 / 85.00 / 85.50 Support: 84.00 / 83.00 / 82.50 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA
NZDJPY potential LONGInstrument: NZDJPY Chart pattern: Bearish Butterfly Optimal technical indicator: Ashi Candle Current signal of optimal tech indicator: LONG Optimal technical indicator win-rate: 52% Days for backtesting: 1501 Timeframe for backtesting: 1D Price at the time of forecast: 84,2700 Enter point: 84,2700 Take-profit: on chart Current trailing stop-loss: on chart Multiple for stop-loss strategy model: ATR(14) x 0,6 Average trades per month with optimum technical indicator: 6 Average time for 1 trade with optimum technical indicator: 4 Average profit per 1 trade: 0,15% Projected annual return w/o leverage: 15,0% Technical analysis applicability for 3325 technical strategies: 100% Technical analysis recommendations: Long: 35% Short: 57% Neutral: 7% Stable long-term profit for FOREX, CRYPTO, Equity based on backtesting optimization algorithm. Instant analysis of 3.3K technical strategies
Long
by Trading_investing_2021
NZDJPY Clear break-out levels to trade.The NZDJPY pair has been trading below (closing 1D candles) the 1D MA200 (orange trend-line) for nearly a month (since December 20), being supported at the same time by a (dotted) Higher Lows trend-line that started on the May 12 Low. A 1D Death Cross may be potentially formed as the 1D MA50 (blue trend-line) is closing in on the 1D MA200, which adds more weight to the bearish side but we think it is best to trade this based on the clear break-out levels that this pattern (which we've been using with great results since last year) gives. We are willing to buy for the short-term only upon a 1D candle close above the 1D MA200 and target the bottom of the Resistance Zone. Further break above the top of the Resistance Zone is a buy opportunity on the long-term and we will update upon potential targets then. Similarly, we are willing to sell only if a 1D candle closes below the 80.600 Support and target the top of the Higher Lows Zone (started on August 19 2021). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
3
NZDJPY to post a lower high?NZDJPY - 24h expiry - We look to Sell at 84.00 (stop at 84.75) Previous support located at 82.50. Previous resistance located at 83.00. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 84.00, resulting in improved risk/reward. A move through 82.50 will confirm the bearish momentum. Our profit targets will be 81.50 and 81.00 Resistance: 83.00 / 84.00 / 84.50 Support: 82.50 / 81.50 / 81.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets
1