how are we going today?
Looking at the NZDJPY, to me it looks like its ready for its next drop..
This in an idea and not intended to be a signal...
If you do decide trade, keep your risk managed.
hello traders, I hope this video will teach you some valuable lessons and make you a better trader :)
HERE ARE THE FREE EDUCATIONAL IDEAS I PUBLISHED UP TO NOW
PSYCHOLOGICAL LEVELS: simple and effective way to find key levels
HOW TO AVOID FAKE TRENDS...
NZDJPY Has to Break the pattern Now making a pullback wait till the market
Take their pullback till previous resistance
or you can Take Entry Now as well
1st Targets are 72.436
2nd Targets are 72.671
Note: This is only for Educational Purpose this is not Investment advice.
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NZDJPY could be forming a bullish breakout pattern. Price has failed to breakout lower on multiple occasions
suggesting buyers are active at the current level. The Japanese Yen has recently weakened with the risk on sentiment
returning back into the market. If price breaks out we can look to long the market into the key daily highs.
Hello, We forecast NZDJPY to continue up, but it will fall after, so time to buy if u r not in already, but 150 pips and we will sell. There is all kind of Fundamentals and Technical explanations behind this analysis. Best luck for all.
Price is in major downtrend. After big fall to the downside on daily time frame, price has pulled back up to the 38.2 fib. Price is also hitting the descending trend-line for the 4th time, acting as resistance. Price is also at a major resistance zone, and price has just rejected the pshycological price level of 72.5. Price should continue lower to its support...
70.00 level acted as a support and price is trying to work it's way higher.
If the price breaks up the flag formation, longer term trendline will be violated as well.
If we get the breakout then we'll try to buy the correction for a total reversal