Jpyshort
JPYMYR Jump Over The Cliff| Bearish Signal| 0.03900 PredictionI am at home. Looking to the JPYMYR chart. I have spotted the channel.
This is not a regular channel. This is the 'clash channel'.
Why 'clash channel' is so important to the chart? It is the collision of the demand and supply
between Yen and Ringgit.
Yen has slightly shaken off the momentum as this week. The demand to the Yen has fade bit by bit.
On the other hand, Ringgit has develop the strength from the Malaysian economy which has gain its
momentum through the recover pandemic period despite the political clashes.
Expecting the Yen versus Ringgit will turns to sell off bearish 0.03900 again to test the support.
While in this bearish sentiment and fundamental, JPYMYR is prefer on selling its course for this week.
Other party which wanting the Yen to be weaken, consider your wish is on your favor. Expecting the Yen
low volatility by this week as the week has been reserved for FOMC and NFP.
Thank you.
Regards,
Zezu Zaza
2048
EUR/JPY 300 pip limit reached, buy orders have been triggeredHi guys, I hope you’re all keeping well.
If you missed my previous post, then you can find it here:
I have now closed out all sell trades & my buy orders have been triggered.
The plan hasn’t changed as of yet & at this stage I’m expecting the longer term bullish trend from the previous few weeks to continue, after reaching the target of 0.618 (120.598) Fibonacci retracement level.
The ECB as you may be aware, are injecting a total of $1.35 billion in to the economy which provides backing to my technical analysis from a fundamental standpoint.
I still haven’t ruled out the possibility of a slightly further fall to approximately 120.200. This level contains a double support which is the rising red diagonal support line as well as the 4hr 100 MA.
If it does fall to that level today, I will slightly increase my buy positions.
Apart from all of that, I’m expecting this weeks bearish trend to end and some retracement to form today. This retracement may then form the continuation of the longer term bullish trends on the daily & weekly charts.
The target I’m looking for at this stage is 129.371 over the coming weeks.
If plans change due to unforeseen circumstances, I will update you via this post immediately.
If you have any questions or if there’s anything I’ve missed then please let me know in the comments section & I will get back to you as soon as I can.
Thanks for taking you’re time to read this post, I really hope it can help you in some way.
If this post helps you in any way, then please drop me a like below.
Good luck to all traders 🍀
EURJPYHello traders... It's a critical level of resistance... So after testing trend line resistance should move down...Let's see how the market reacts.
Short Nikkei225There is still a lot of room down from my last call on Nikkei Short from 20k levels, should see far lower. Watch the Y made by X.
Short-term Nikkei225 ShortFrom the 20000 levels is a good shorting opportunity on Nikkei down to 19000 levels or perhaps below.
With a proper SL you can make good profit. Calculate the risk and manage your margin levels and you could make it.
EURJPY | Hunting for LiquidityEURJPY looks like it could be in an excellent position to make one more big move to the downside before reversing on the larger time frame. 🤔
Sit and wait for this market to move higher first before entering for another downside move. Where there are trapped buyers at the top will be a perfect place to sell.
Watch for strength on the way back down breaking through your chosen Moving Average. 😏
It is not a time to buy when there are so many great opportunities for sellers. Keep an eye on the price bouncing off 117.337.
USD/JPY Weekly Downside Target - 15:01:41 (UTC) Wed Apr 15, 2020USD/JPY Weekly Downside Target
- 15:01:41 (UTC) Wed Apr 15, 2020
JPYUSD Short 1H - Rising Wedge & Double TopRising wedge forming over the last few days and now a double top surely confirming a short term drop here, with the potential to be a much bigger move.
Let me know if you agree...
EURJPY - Buy 25/02/2020Friends, support this idea with your Like and any Comment. Thanks.
You can buy EURJPY from support levels.
Trade entry, take profit, stop loss levels are available to participants of the SAV Trading Room.
You will find more trading ideas in SAV Finance community.
CHFJPY - Buy 10/02/2020Friends, please before reading, support this idea with your Like and any Comment, thanks.
You can buy CHFJPY from 112.3-112.1
Stop-loss at 111.80
You will find more trading ideas in SAV Finance community.
EURJPY LONG (06/02/2020)Friends, please before reading, support this idea with your Like and any Comment, thanks.
You can buy EURJPY from 120.65-120.55
Stop-loss at 120.39
You will find more trading ideas in SAV Finance community.
USDJPY upside to 109.75, long term to continueUSDJPY recently formed a strong up channel and looks to continue to move in that direction based on market structure. The support at 108.65 is expected to hold and we would like to see a pop into the next resistance points. There is a level at which we can expect price to move into at 109.200 then up to 109.330 these two levels are based on the Fib retracements, the first at 50% and the second 61.8% from the resistance point.
Disclaimer: This trading idea is for educational purposes only, this does not constitute as trading or investment advice. TRADEPRO Academy is not responsible for any market activity.
USDJPY SHORT KEY AREAS OF INTEREST Today was a crazy day for DXY. We saw a large drop in value and as a result are expecting a pullback before the next drop. In the idea I highlight the key levels of interest where I am looking to sell again. There are two key levels that I am looking for highlighted in the chart and my take profit is a long one, looking for a swing sell.
Message me to join my private group to learn more!
email: colinheaneytrades@gmail.com
Learn Simple Markups, Credit, eCom and More!
USDJPY - SHORT - RISK = 8 pipsPOTENTIAL REWARD OF 23 PIPS :D
CLOSE HALF AT THIS POSITION AND LEAVE A RUNNER FOR @108.400
