NZDJPY – Buyers are close to reaching potencial targets
Trend: Strong Buy
Support/Resistance:
R2: 74.625
R1: 71.094
S1: 72.945
S2: 72.487
S3: 71.827
Price action:
Following trending idea is headed to new buyers targets, if buyers are able to hold above level S1 and then keep momentum strong. In whole idean, sellers can attact right after market will open or buyers will continue to our previous targets we published before.
Potencial trade idea:
Bulls targets:
T1: 71.094
T2: 74.625
Bears targets:
T1: 71.827
NOTE – We are trading NZDJPY via the preferred trading setups by ELITEFXACADEMY
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
Good trading!
Elitefxacademy