Nzdjpyshort
💡Don't miss the great sell opportunity in NZDJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (84.44).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 56.
Take Profits:
TP1= @ 83.14
TP2= @ 82.10
TP3= @ 81.34
TP4= @ 80.55
TP5= @ 79.46
SL: Break Above R2
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SELL [NZDJPY]NZDJPY Setup / Analysis
🕐 4hr's Chart
Key Technical / Reason's SHORT
———————————
What is our confirmation?
- Breakout trendline and retest
- Resistance Support level
- Pressure zone
- Pivot and MA rejection confluence
- Ascending Pattern
- Descending Pattern
- The pivot zone
- Demand Supply
- Candlestick Patterns
Jamie Gun2Head Trade - Selling NZDJPYTrade Idea: Selling NZDJPY
Reasoning: Broke below long term support level, retesting previous support now becomes resistance
Entry Level: 83.49
Take Profit Level: 81.52
Stop Loss: 83.99
Risk/Reward: 3.94:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
NZD/JPY Fully Closed +160 Pips 0Drawdown, New Entry Valid This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZD/JPY Short position ideaNZD/JPY is going to short.
Here is why:
1- Price has broken upward trendline, possibly going to retest it.
2- We can see RD- in RSI indicator, showing us a possible trend reversal. also RSI upward trendline has broken.
3- Triple Top pattern.
Invalidation: IF price breaks and stays above 87.00.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and does not include financial recommendation. Trading is Risky, so before any action do your own research.)
NZD/JPY Creating H&S Pattern , Not Confirmed Yet But Good P.AThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZD/JPYX2 Position
1. Sell: NZD / JPY
Sell limit: 86.640
SL @ 87.100
TP @ 85.150
Max Risk: 2%
2. Sell: NZD / JPY
Sell limit: 87.300
SL @ 87.710
TP @ 85.150
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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It is not an investment recommendation
NZD/JPY:TECHNICAL ANALYSIS |SHORT SETUP IDEA 🔔Hello Everyone, I hope you'll Appreciate our Price action Analysis !
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