UJMove SL into profit and you should be good. This is a sign that we are still sharp here with UJ (just need to get sharper with GJ). It's alright and it should cover the GJ loss
Uj
USDJPYThe TP was hit. Forecast was inline with the market, so we rode the wave. Close your laptop and wait for tomorrow.
UJIf you had seen the momentum then you would have seen that demand was pushing all the way down and the supply followed. There are fundamentals we should be on the look out for therefore I'm moving my SL into profit. I took this trade earlier as a risk but it's working out.
USDJPY 4hour Analysis January 22nd, 2023USDJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Clearly we are bearish overall and in a healthy trend.
Going into this week we’re looking for the trend to continue bearish. Ideally, we can spot clear rejection from our 131.000 area and enter short.
Trade scenario 2: If we are to consider a bullish scenario we would first need to see a break of 131.000 resistance and form structure above.
USDJPY LONGHi Traders,
Another possibility that Price will push up bullish. Will wait for entry confirmation at 128.6
Entry price: 128.6
Target Price: 133.7
Hit the Boost and Follow me if u agree. Trade Safe!
Thank you.
UJ ShortDepending on the DXY of course, I could see UJ continue to drop possibly to 127 or lower. Use good analysis. it broke/rejected a trendline on the daily. NFA
UJThat is perfectly fine, we just were not following the market and its impulses close enough. We watch, watch, plan and execute
Retracement on UJ Again?USDJPY has significantly dropped over the past 2 months by a follow up retracement on the broken supports. Here again the price ended the week by a strong impulse to the downside leaving the BOS fresh(unmitigated). probabaly price would gap or maybe even get to the imbalace zone depending on the technical and fundamental aspects that be take effect next week.
USDJPY LONG Hi Traders,
Looking at a possibility for price to push upwards. Will wait for price to retest my entry level.
Entry Price: 128.1
Target Price: 132.3
Hit the Boost and Follow if u agree. Trade Safe!
Thank you.
1/9/23 UJ game plan ( NY )Plan:
1) Entry after 8:59am @ retest of 131.83
2) Short entry @break &retest of 131.28
3) Long entry @ break & retest of 132.65
JPYX PlanWe can see JPYX has broken a downtrend, and price is holding above the TWAP Currently, I think to start with we can look for JPY Pairs to fall further before eventually finding balance in the previous regression channel despite the fact this had a slight seller imbalance it can be a good long term target if the market can keep breaking the levels suggested.
UJ 04/01/2023UJ inside bar breaking up on the 4H chart can be a sign of momentum shift. Buying the market in Asia session.
USDJPY 03/01/2023USDJPY Intraday trade, good to short from this price down to lower resistance as USD loses some momentum after the heavy imbalance in EU over London.
USDJPY 4hour Analysis January 1st, 2023USDJPY Neutral Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: We are clearly looking bearish on UJ as expected due to DXY falling.
There is a strong likelihood we will continue bearish this week but personally I am not satisfied with the current price action, we are a bit extended with a large amount of volume still in the market.
The safest and most ideal scenario would be entering long for a retrace up to 135.000 resistance & our 61.8% fib level.
Trade scenario 2: The other likely scenario is that UJ continues to plummet without any structure. This would make a safe trade scenario very difficult to spot.
USDJPY Buy H4UJ has slowly been gaining momentum since the 700-pip drop last week due to the BOJ Monetary Policy announcement. The pairing finally saw a strong directional bias today after ranging between small resistance and support price points.
The 4 hour chart seems to be showing a bullish bias. Expecting the price to continue to push up, even if slowly.
Entry: 134.500
Targets: 134.750 | 135.000 | 135.230 | 135.450 | 135.600
Resistance: 135.740
Support: 132.450
Be sure to like this post and let me know what you think in the comments below!
UJ BUYERS PANICS!! Sell!!!Hello fellow traders!
This is a new trading strategy different from the one I usually post. Its straight forwards and a bit more "SIMPLISTIC". HAPPY TRADING and PLEASE leave a LIKE and SUBSCIBE!!! ✔
CHECKLIST:
✔BEARISH MOMENTUM
✔RSI IN BEARS POSSETION
✔HASH RIBBONS ARE CROSSING AND CONFIRMING BEARISH TREND
✔POSSIBLE TARGET TO KEY LEVEL ON THE 4H TIMEFRAME
450 PIP ANALYSIS
UJ Bear for 4hr tfif UJ could stay below 142, a lower degree correction then a breakout could give the next motive wave down.
USDJPY 4hour Analysis December 18th, 2022USDJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Looking overall bearish still but this week we are waiting for reactions near our 137.000 zone.
If we are to continue bearish we need to see strong rejection from 137.000 with lower highs below. Look to target lower toward key support levels.
Trade scenario 2: For us to consider UJ bullish again we first need to see a break above 137.000 with a higher low above.
UJ should drop more before going upIf you pay attention to the candles you can see that downtrend wants to continue. simply look at what the price is doing at the right time.
USDJPYPotential cup and handle bottom on UJ, looking at JPYX we have broken a range and is trending down on the 4H chart, we could look to buy a break of neckline.
USDJPY 4hour Analysis December 11th, 2022USDJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: We are looking more bearish on UJ this week and it looks like we continue with this trend.
Price action is currently in a great spot, resting below 137.000 resistance. Ideally we spot bearish conviction we can enter short on and target lower toward the next support level.
Trade scenario 2: For us to see UJ as more bullish we first need to see a break above 137.000 resistance with structure above.
