Hello traders ,what do you think about USDJPY? This pair has reached the resistance zone and the ceiling of the channel. It is expected that with a slight fluctuation in this level, it will fall at least to the specified level. If this post was useful to you, do not forget to like and comment.❤️
According to the analysis, we expect an upward movement. Today we have CPI important news for the USD Please follow your strategy, , this is just my idea . 🙌Please do not forget the ' like' button & Share it with your friends . ✍ I will be glad to see your ideas in this post . 🧲Follow me to see more analysis
What is seen in the chart is the A.B.C correction pattern ... apparently a wave C has not been formed yet so you can have a purchase deal
Short analysis of USDJPY on 1D TF. Expect the dollar to weaken in the next couple of days.
Price has successfully moved from the 141.600 zone as I said it would. Let's see if market-makers would still manipulate BUYERS in the 147.000 price zone. I expect price to break 145.000 and climb to around 147.000 before collapsing back to my 3rd TP price at the 141.000 zone . Patience is key!!!
Expecting a small correction on this pair before the fed speech this week.
Price broke channel with bearish momentum and went back to retest the channel and zone area and a bearish candle formed showing bearish momentum. This gives rise to a short sell opportunity
Key details labelled via Signposts on chart. Price is resisted below the 103.82 level. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are...
USDJPY is obviously in an uptrend. A support level was established during Asian so heading into NY session I’d expect that support to be tapped before continuing bullish momentum.
Potential Head and Shoulders pattern to go short if break neckline
Confluences Enticing further shorts on the hourly where the strong move down has already happened Over-extension - needs pull back MA Break/close above- 1hr/2hr Respecting 1hr trendline triple bottom on hourly Target confluent w/ prev sup
Waiting for USDJPY triangle breakout. Triangle pattern is accompanied by a volume decrement. Currency pair - USD.JPY Chart timeframe - 1hr - My Pending Orders - BUYSTOP: 112.431 SELLSTOP: 112.262 TAKEPROFIT BUYSTOP: 112.574 TAKEPROFIT SELLSTOP: 112.121 If you find this analysis helpful, don´t forget to like and comment! :)
USDJPY about to violate the triangle upward sloping trendline below 109.50 if close below expects 108. very soon while strong Resistance at cluster of MOVING AVERAGE 200DMA & 50DMA at 111.50 best of luck......
Hello traders,as we look USD/JPY on 1H chart(attached below the daily analysis on USD/JPY) we can see a possible bearish shark pattern as we go reach the red zone of resistance. We may have a better entry for better P/L ratio trade if price makes a spike with a false breakout above the trend line into the red zone where we have the D completion point. ...
Cypher pattern completed on the 60 minute chart earlier and the market is now in an oversold condition.