6j
𝗗𝗼𝗹𝗹𝗮𝗿 𝗨𝗽𝗱𝗮𝘁𝗲: $DXY Daily. Broke Key TL 😳Few believed this bear flag would result in such a move. Went even further than I thought breaking key TL on monthly ... backtest soon
$EURUSD $USDJPY $EEM $GLD $TNX $TLT $SPY $QQQ #Currencies 💱
Japanese Yen - Continued Divergenece
Most of the day the Yen/USD traded lower breaking the 200 Moving Average through the day - first time its done this since this ramp up started.
Highlighted in hot pink you can see the points of control notice that most the business was done at lower prices today , but closed higher into the S&P / Nasdaq close.
Divergence remains - still time in this trade, thesis remains, lower prices ahead.
One point - US dollar is on the cusp of braking an almost 10 year trend line - if this fails then all bets are off.
CME:6J1! [/symbol
Yen - Out of Steam? CME:6J1!
Yen has had a good run, up with every currency against the USD.
Appears to be gassing - the negative divergence suggest this is distribution.
Moves can be fast and there are virgin points of control below that need attending to.
𝗘𝘂𝗿𝗼 𝗨𝗽𝗱𝗮𝘁𝗲: $EURUSD Weekly. Mini-Breakout$EURUSD 💶 looks set for a breakout to test key down trendline. What happens there is critical for markets
$DXY $SPY $QQQ $DIA $EEM $USDJPY #6J_F #6E_F $EEM $GLD $TNX $TLT #Trading #Currencies
buy 6J1! 30.06.2020hello dear traders, 6J1! is going finally up (bullish trend ) and that is good news ,and as probabilities shows that market will have a strong resistance, and there is a 20% that in that resistence market will be back in bearish trend, but in other way probabilities shows again that there is 80% that market will break that resistance to become a support and in that case we double our position))
Yen Future signalsThe Japanese yen future is showing signs to buy. We have that candle squeeze with a higher volume.
It’s time to sell; 6J will decrease to reach the first support S1, and could try to go down to support S2.
Now we sell and wait that green volume with green candle, or we could wait that it reaches the support S1 to end the trade
6J Analysis for intraday tradingHello traders,
The Japanese Yen Future is showing signs of upward trend. We have a high level of volume, so we expect an increasing trend to the resistance R0.
If 6J doesn’t reach that resistance we should sell at the first red volume and red candle.
The Spring is loaded CME:6J1!
Taking the noise out of the chart with this Renko chart - its obvious that the 'spring is loaded' - the Yen has been range bound for a week, it will make a move.
Thought this move might have more upside but based on this chart - maybe not.
RSI although not in this chart is also weakening. News, or market turmoil can change this quickly. Right now it looks like its holding on for dear life - and heading down.
6J, seems it has good signs for intraday tardersHello traders,
The 6J, or Japanese Yen Future is showing signs to buy. With important volume, a decreasing trend and a special candle, we expect an increasing trend for the short term.
So, for intraday trading buying 6J now is a good operation.
To note that you should sell at the first red candle and red volume since that at this moment we could have a trend change.
Thanks
6JJAPANAISE YEN IN GOOD POSITION TO EXPLOSE BECAUSE PROBABILITIES GAVES 0%
SO IT MAY GO UP OR DOWN ON 50% FOR EACH FO TILL ARRIVING OF RESISTENCE THINGS WILL BE CLEAR
Yen Japonais 6J futures opportunity sell
the market will experience a bearish trend a good trad of the day
signal sell
Yen japonais 6J opportunity sell trading correct signal sell opportunity sell yen japonais futures
the market will experience a bearish trend a good trad of the day
JAPAN YEN FUTURES 6J opportunity buy a strong upward trend in this market so an increase we will buy
Analysis + Trade Setup on USDJPY by ThinkingAntsOkUse this as a guide to develop your view of the chart.
Main items we see on the 4hs chart:
a)Price is against a Major Resistance Zone
b)We can see a Wedge Pattern against that resistance level ( Weakness of the bullish movement)
c)We had a first Breakout of the Wedge pattern followed by a corrective structure on the outside
d)Now the price is heading towards the resistance zone again on a new try of breaking that level
e)If the Resistance Zone is not broken above the previous Higher high at 109.493 and a bearish movement starts breaking below 108.069, we will open
short positions with the parameters shown in the chart. (check Stop/Entry/TP/Break-Even)
f)Risk Reward Ratio of the trade is 1:2 (that means that we expect to win the double of what we put on risk)
Daily Chart:
"Top and Bottom Analysis" USD/JPY by ThinkingAntsOk4H CHART EXPLANATION:
Main Items we observe on the Chart:
-Price has broken the ascending trendline
-Currently, price is approaching the Triangle Trendline
-We expect this Trendline will give some type of Support before the breakout
Based on this if the price breaks down with a close candlestick below 108.400 we expect a continuation of the downward movement towards 105.300
MULTI TIMEFRAME VISION:
-Weekly
-Daily
USDJPYFirst resemblance of support in the 104-104.20 area. Will need markets to form a bottom to be meaningful.
USDJPY Daily sell signal. Does DXY continue or reverse?Setup bar High-110.919 Low-110.647.
Thursday had a price action high of 111.048.
ENTRY at the break of previous days low 110.645
Stop above the latest high at 111.054
T1 110.236
T2 109.827
This trade comes down to one thing. Your opinion of the USD.
With Fridays pull back, price from that point has been lackluster, unable to gain or lose any ground.
I'm sticking with the trend but expecting a quick test of the 94 level soon.
Time will tell.
Can't let this trade go. Gotta take it.
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