#CADJPY: PULLBACK 220 PIPSLIKE AND COMMENT
Its a beautiful pullback enjoy, now react in liquidity zone. and now fall 220 pips. this is my forecast short
Japan
follow up just a follow up from my last point as you can see now the numbers are rising a lot more than before
JapanI personally think this is going to have a huge rise as Japan has just reported that there main goal is to make 4 trillion yen and have already made 3.5 billion so I feel as if this would be worth investing in as of all the reports
TSE 8818 ANALYSIS TSE:8818 is currently stuck in the 1400 - 1600 area (white box area )
But If price succeeds to break above the white box and closes above the 1600 level , it is very likely to go bullish towards the 1975 - 2000 area as marked by the box .
On the contrary , If it breaks below the box ,and closes below the 1400 level , then it is very likely to drop to the 1120 - 1040 area as marked by the box .
BUY JPN225 NIKKEI BUY SETUP Hello Traders another free setup for you all,
Enter JPN225 @ 30100
Take Profit @ 30620 ( 520 Points)
Stop Loss 29900 ( Only 200 Points )
Enjoy and Good Luck ;)
Triangle Breakout Puts 2021 and 2020 High in Focus Prices broke higher from a Symmetrical Triangle pattern this week, putting the 2021 (111.65) high and 2020 (112.22) high in focus. A reversal lower prior to that may see bulls attempt to turn resistance into support. The MACD oscillator signals healthy momentum in price, which puts bulls at an advantage going into Q4. The 23.6% Fibonacci level is the most immediate resistance.
VDJP Daily - Testing all time highs Beautiful follow through following the break of the bull flag. Currently testing all time highs, but move has been aggressive as seen by the extension from the 20day SMA and overbought RSI. It is currently the largest allocation in my portfolio and I will look to take some partial profits here hoping we get a slight pullback for an accumulation.
JPYUSD: Will the Dollar Continue to Be Strong?Potential short play setting up here in JPYUSD, could a lower yen aide in a Nikkei recovery?
VDJP Weekly - Bull flag breakPatience has started to pay off. I have been averaging into this ETF for a while - especially when we saw the re-test of the inverse h&s neckline. The bull flag has finally broken higher and will target new all time highs - will hopefully see 31/32 region. Currently largest % holding in my portfolio and happy with current allocation.
Short 8/31 - 9/3130 - 130.33 is strong resistance zone that poses a serious challenge to upside momentum. Seller may soon return if the pair have a fail break out.
=> May be short at price 130 or 130.33. target 129.20 or 128.50. Stoploss 130.60.
NIPPON is back?Multi decade channel with iron resistance level seems to have broken. Retest underway for months.What will happen next?
Symmetrical Triangle Setup on EURJPY with a Target @ 128.50Trend Analysis
The main view of this trade idea is on the 2-Hour Chart. The FX Cross EURJPY is in symmetrical triangle setup, where the trend lines are not parallel. Typically the target on the setup is the length of the highest high of the downward trendline and the lowest low of the upward trend line. While the symmetrical triangle is neither bullish nor bearish, given the current positions on the moving averages and the technical indicators, it is expected that the FX Cross will decline towards 128.50 from the time of publishing. A stop loss should be set a little above the resistance trendline at around 130.10.
Technical Indicators
At the time of publishing EURJPY is currently below its short (25-SMA), medium (75-SMA) and fractal moving averages. Also there has been a negative crossover on the KST, with the RSI trading below 50 and trending lower. Also, on multiple other timeframes, there are sell signals on EURJPY. These indicators support the bearish nature of the setup.
Recommendation
The recommendation will be to go short at market. Stop loss will be set around the 130.10 price level and a target of 128.50. This produces a risk-reward ratio of 2.28.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in EURJPY.
Nikkei 225 looks tempting
11% already looks tempting
good idea if you wait for the bigger move down
also good to go directly if you are more like an investor :)
EURJPY Weekly demand test & bullish Scenario Trade Analysis based on Price Action
With risk management you will never loss
Kind regards;
Ridethemacro
USDJPY possible LONG setupas you see there is a very high possibility to see a 5th wave based on Elliot waves.
PULLBACK ZONE FOR SHORT DIRECTION ENTRY - SFTBY - SOFTBANK - 4HThank you for the like, comments and shares! Much appreciated! This is not financial advise, just ideas on probable market evolution.
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The trend has probably changed as the very strong blue up trending line has been frankly and strongly broken.
The price is now evolving under the bearish channel. This might be a sign that the bearish action is possibly still going on.
We see an horizontal zone emerging, showing a potential pullback zone and good entry for a short direction positions.
The black line can possibly be the target price as it is an historical center of gravity like price.
A probable idea would be to wait for pullback and get a short entry, and, as we approach the black horizontal line, we lower our position weight by taking profits.
probably good to lower exposition if having already bought up there.. it probably can become worse.
PS.:
Hope is there, because following fundamental analysis, we can see that SoftBank is pretty active and doing very strategic investments. Are the latest's SoftBank investments to be copied to improve portfolio experience ? Robotics, Communications, Uber.... etc..
Is the black line the best place to enter from for a long direction entry and for long time ? (with the probability that in the near future the price of SoftBank stock will rise to record numbers)
VDJP Weekly - Potential large bull flag developing Bullish developments continue following inverse H&S break. Needs to stay above 24.50
Keep it simple and buy ToyotaNot much to say here other than Toyota is 100x better than Tesla in everything. Personally I don't believe that a company who has a CEO like Elon will ever be successful, so I'd rather buy the most successful company out there that just had a major breakout. Definitely one of the most bullish stocks out there.
Short JapanAsia looked weak yesterday and they've been alternating up and down days...
So shorting Japan with next week's puts. Just 15 contracts for kicks and giggles.
