Jpyshort
SEK/JPY Rebounded From SupportThis has rebounded from the support level and is now rising again. MACD is turning higher and has stayed above 0 so is still bullish, also EMA's did not cross lower. Target is 12.860 at next resistance (chart does not go back far enough to see this for some reason).
AUDJPY - SELL potential SELL BIAS
On the daily time frame, you can see the price has approached a resistance zone. Price has approached this area in a corrective pattern indicating there's a possibility of price moving to the downside. Price will be approaching a key zone of horizontal resistance and vertical trendline resistance = double zone. We need to wait for the price to create a corrective pattern on the LTF for a sell entry. Price could form an extended double top pattern.
USDJPY, i watched and seen only short in near time ..Hi friends. 3 timeframe analysis and just one result - we go down to 103.248 like a first target. There is too big volume of solds (i mark t on the chart) and many traders purchase at tme to time. No no deal like that ... just short. Levels thanks to X-Lines script. Follow me.
MXN/JPY - Long Buy The Mexican Peso is gaining strength against the Yen as a recovery in global growth in 2021, reduces the demand for the safe-haven Yen and increases the demand for the Mexican peso.
We look at why the Japanese Yen is a safe haven currency of choice, alongside Interest rate differentials that will play a key rol in the outlook for gains in the peso.
I give examples of entry price, stop loss using one-month ATR and take profit targets.
Analysis USDJPY sell range: 105.480
Targets: 105.285- 105.090- 104.895
Stop loss The first goal: the profit to loss ratio is 1: 1 (105.675)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 105.480(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)
Analysis USDJPY Sales range: 105.650
Targets: 105.575- 105.500- 105.425
Stop loss The first goal: the profit to loss ratio is 1: 1 (105.725)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 105.650(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)
GBP JPY perfect Wyckoff Trading setup Welcome!
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Follow the trade plans and notes. Make up your own trade setup and make sure you meet with the required confirmations first, before you make your move!
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Trade Setup
i) we had a long downtrend towards very strong support.
ii) The Blue lines indicate the Accumulation process on the chart. This confirms that the market might be accumulating at this point. The
breakout through the upper level of the Accumulation range confirms the end of the Accumulation and the beginning of the uptrend.
iii) Currently market is in Wyckoff spring point, a perfect Wyckoff trading strategy..
iv) we can enter long once market breakout of the blue line with SL below Wyckoff spring.
please comment if you have a better idea. Hit the thumbs up 👍 and support the work.
USDJPY long trade.Good morning traders today i am looking to go long on usdjpy based on price refusing to go below and i feel it has come to found a new support level. so price has respected the 105.200 level and i am am going to position my stop just below and then buy the retest after the break out of bear trend.
remember traders trading is always reactive and not predictive.
Breakout pullback trading opportunity on CADJPY
Looking at the possibility of a breakout continuation trade.
79.52 is the key level to watch for to see if price holds.
As price pulls back to this level, I want to see how much it slows down. If it fails to make a significant breach below this level, it would be possible to buy into this pair.