UJWe are still waiting for the move. This rejection of the price 151.50 is an indication that price is being squeezed. We can therefore anticipate an impulsive more.
Uj
UJThird touch and rejection of 151.80 (1st confluence)
Engulfing of the previous candles(2nd confluence)
Impulsive break of previous low (3rd confluence)
I see no reason to hold back.
Trade Idea : Sell Stop (waiting for rejection and continuation)
SL - 151.35
Entry - 151.05
TP - 150.05
UJWe are still holding and waiting before actually placing this order. We need more confirmation, especially that of high volatility and high impulsive energy before we are certain.
Wait for the break of the current channel.
Waiting for retest
Enter
- Those are the rules for this idea before we even enter.
It looks tempting and a break of 151.200 looks like the magic price but its just a level to watch not to trade on.
Always remember these forecasts / ideas / predictions are all mine not ours, not for you. This is my way of journaling and keeping record for myself and own trades, anyone that follows this advice, idea or sentiment is by your own risk and own decision.
UJHad a beautiful setup with this last week, added entries along the way. Had a buy limit which wasn't triggered but the forecast was correct. Our aim is to be the best meteorologists out there.
Current price is consolidated, which indicates that we are about to have an impulse (demand order). This will help us determine which direction we set our orders. Opening will also help give us perspective on where and what we need to look out for.
But we did get a double top, so we should expect a bear run but it is not certain or guaranteed yet. If we close below 150.500 then we can start looking for entries.
TRADE IDEA : wait for price first Sell Stop
SL - 151.25
Entry - 150.45
TP -146.5
USDJPY OUTLOOK | 4hThis is my view on USDJPY.
What do you think?
Arrows = Inducements
DBR = Drop Base Rally Demand Zone
USDJPY: GET YOUR SHORTS READY!We are seeing clean bearish momentum for this pair. Excellent and clear market structure of lower lows and lower highs.
Now looking for trend continuation to take a short trade.
Waiting for at least a 50% retracement- then we look for a bearish market structure shift on the 1hr and ATTACK!
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
USDJPY - READY FOR THE BULL TO CONTINUE?!UJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it!
I am waiting for:
1) At least a 50% retracement and price coming into the daily fair value gap: Checkmark
2) A Liquidity sweep of previous days low
3) Market structure shift on the hourly and attack
This is looking like a very yummy LONG!
Follow and Stay tuned my friends ;)
USDJPY:READY FOR THE BULL TO CONTINUE?!UJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it!
I am waiting for:
1) At least a 50% retracement and price coming into the daily fair value gap
2) A Liquidity sweep of previous days low
3) Market structure shift on the hourly and attack
This is looking like a very yummy LONG!
Follow and Stay tuned my friends ;)
USDJPY: LONG LONG LONG ALL DAYUJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it!
I am waiting for at least a 50% retracement and price coming into the daily fair value gap (this is a must for my system!)- then we look for market structure shift on the hourly and attack!
This is looking like a very yummy LONG!
Follow and Stay tuned my friends ;)
Potential turning on UJ h1?Tradingview Ideas:
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Very nice run on UJ last week. You may also refer back to my previous analysis where i was bullish on UJ. Hopefully your got some pips too!
The higher timeframe is still on the upside, just that pullback could be there and do take note of the tuesday rate news by BOJ
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
USDJPY - READY FOR THE BULL TO CONTINUE?!UJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it!
I am Waiting for at least a 50% retracement and price coming into the daily fair value gap (this is a must for my system!)- then we look for market structure shift on the hourly and attack!
This is looking like a very yummy LONG!
Follow and Stay tuned my friends ;)
UJBeautiful entry and the timing is perfect.
Stay watching 144.00.
- break and close above will see impulses up to test previous highs
- bounce and close will see the melt continue
UJI have no reason to be bias but you can obviously see the appeal.
4H
* High (146.00), tested twice
*Low (140.200), triple bottom
1H
* Trend = Bearish (Zoom Out)
* Rejection of 146.00
* 1 more confluence and we place sell stops and market execution
15Min
- just wait for market open and candlestick close
- this trade is very profitable, inline with our plan
- wait for it to come to us
UJ at a flip zoneHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Looking at a potential double bottom to break to the upside, if that doesnt happen UJ likely gonna move lower ,waiting for h1 confirmation...
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
USDJPY: LETS GO LONG BABYYYWe just saw clean bullish momentum for this pair and a bullish trend change!
Now looking for trend continuation to take a long trade.
Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bullish trend change on 15min and ATTACK!
This is looking like a very yummy LONG!
Follow and Stay tuned my friends ;)
UJThis did not pan out the way we expected.
But because we had sell stops and they weren't triggered we are still okay, now we wait for the move to the next level before we add or minus anything.
UJWe had the wrong thought and were in the opposite direction which is okay because that trade was not taken. Due to low confluences and a weak RR, so technically we were correct in our analysis but wrong in our forecast.
UJHere is the short version of the sell bias which will also prove that we are still going down. It is not a trade will be looking for as the RR is not in my favour. None of my triggers have been hit.
I will wait and watch, because I have running sells with GJ I don't want to have a bias.
I want a clean and clear reason as to why I would take those sells, not just because it's happening one side.
ANOTHER USDJPY SHORT- MONEY PRINTER IS LOADING AGAIN !We are seeing clean bearish momentum for this pair. Excellent and clear market structure of lower lows and lower highs.
Now looking for trend continuation to take a short trade.
Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK!
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
USDJPY 2024-25Have we not prophetized in your name? why you have so little faith my dear son? is it because of the time being long or you no longer believe? Remember that patience obtain all things.
Chart speaks. We shall monitor lower Time Frames
