Uj
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.
USDJPY 4hour Analysis December 4th, 2022USDJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: We are looking super bearish on UJ as it continues to plummet. Going into this week we’re looking for clear structure in the form of a lower high as close to 137.000 as possible.
Look to target lower toward 131.000 if this happens.
Trade scenario 2: For us to see UJ as bullish again we would need a break above our 140.500 zone with convincing higher lows above.
UJAlmost tagged in, but I can bet someone did get tagged in due to spread by their broker. Just a missed one.
UJIf the very last candle closes bullish, early 'enterers' can get in but you will either:
1. Have a risky trade with possibility of a long pullback or
2. Watch it closely
I'm going to wait for that VERY BULLISH candle before entering. This week is NFP so take that in consideration when trading (especially a pair like UJ)
UJCrucify me now, this goes against the grain and is something only my brain is understanding. My heart and intuition won't let me believe it but I will follow my brain because that's where emotions are put through tests. For now I will stay watching and waiting, yet will still take all the caution.
USDJPY 4hour Analysis November 27th, 2022USDJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: UJ is looking very bearish lately and currently we are at a low, just below 140.500 resistance.
Going into this week we want to continue the overall bearish trend but we need to see something clear.
Ideally, price action rejects 140.500 with convincing bearish variations we can enter short on. Look to target lower toward 137.000 support.
Trade scenario 2: For us to consider UJ bullish again we would need to see a break above 140.500 with a confirmed higher low above.
UJThere isn't much to say. Double bottom formation, current price is testing/ reversing in order to get enough push to go further up. So we will WATCH, MONITOR & WAIT.
USDJPY 4hour Analysis November 20th, 2022USDJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: UJ fell off hard last week and has been hanging around this new low below 140.500.
We are technically in a phase of consolidation so we will have to wait to see some conviction kick in.
Ideally, price action continues bearish and proves so by rejecting 140.500 and forming clear bearish variations we can enter short on.
Trade scenario 2: The other likely scenario is a rally from UJ. It’s not uncommon to see a large retracement after a recent high volume push. So if this happens look for higher lows above 140.500.
We will try and catch the pullback to 145.000 if this happens.
UJI'm out. Manually closing, nevermind as I wrote this it closed on it's own. Market related news as usual (Inflation possibility).
