Uj
UJ going for the bullish push!!Broken structure to the upside on 4hr timeframe... retest to the 38.2 Fibonacci price reversal zone level... nice sellers exhaustion wicks forming on the 4hr with a nice bullish engulfing candle forming
UJ Potential ShortLooking at a bearish Cypher forming on UJ. I'll be looking to take this trade when if it develops further. Keeping an eye on it for now.
SELL UJ SOON Possible outcome for UJ. Price is looking to make a double top and could extend to retest 114.500s
If not, price should fall anytime back toward 112.000s
Wait for confirmations either way.
Pay attention to the wicks on key areas like support and resistance.
Longer term: I believe UJ DOWN
Best of luck!
Double Top on UJ? Price could be looking to create a double top.
Sell the resistance.
Sell the breakout of the support near 112.000
AB = CD
Best of luck!
USD JPY SHORTSUJ seems like its making a bull trap here
its a risky trade to enter but RR is good here so its a short IMO
look for confirmation on lower time frame for entry
UJ Breaks major trendline as predicted! Check my previous analysis on UJ in which I recommended short entries at the retest of a resistance area.
Also, to trade the breakout of the trendline.
If you are not in this trade, be patient for a pullback should give you an entry opportunity within the range i illustrate in orange.
Hold this position toward the end of the year.
Best luck! Follow my channel for more
USDJPY retracing up a bit then down to 111.600 areaOn the higher timeframes, uj is sitting on the 38.2 prz level in a downtrend. On the 4 hour we see a head and shoulders pattern as well as a break of a trend line , and on the one hour we see a minor break of support. all we are waiting for is the retest and entry for the bearish push all the way to the 111.600 area
UJ retrace then DROPOn the 1 hour timeframe, UJ broke structure, on the higher timeframe UJ is sitting on the 38.2 PRZ fib level. also has a head and shoulders pattern, with exhaustion forming on smaller time frames. just waiting for a slight retest and an entry down to the 111.600 area
USDJPY Sell Confirmations:
1. Break of strong support and now retesting as resistance
2. 61.8% Fib pullback
3. Hourly closed within zone with a wick to the upside
4. 15 min had a bearish engulfing in the zone
Evening Star Pattern! A bearish engulfing candle has formed in UJ 2 weeks ago, telling us price has rejected the resistance area at 114
We can start to see confirmations to the downside and on the long term, price could make a strong drop towards 100s
Trade the trend!
Trade the pullbacks of broken areas!
Pay attention to the wicks that form on key support and resistance areas!
Best of luck!
UJ need to touch the broke trendline. Buy set upI see a clear break of the downtrend, now is time for the little correction until .50 or .618 Fib to enter long
USDJPY Sell Confirmations:
1. LL created then retest of resistance as support
2. Selling in a downtrend
3. pullback of 38.2%
4. MA's show momentum to the downside
5. 1hr evening star and 15 min engulfing pattern (3 times)
6. Confluence with AUDUSD rising
* No trades are perfect and neither are they 100%, always determine the amount of money you're willing to risk before entering, you wouldn't go into war without armor so don't enter the markets without a SL. *
CHFJPY a secret explosive opportunityCHF did not get the attention it should from my research on UJ seasonality. Although it often crossed my mind I have not taken time to completely turn this pair and its history inside out. Something in the back of my head says CHF is the root cause of a lot of movement in the market nowadays...
Coming from JPY cycles research I quickly and dirty concluded that CHF correlating with EUR a similar if not better long opportunity had to be than EURJPY for example. Looking at its performance it is still the king of the market honestly, way overvalued but rock solid and investors love to flock to it as a safe haven. Therefor I expect it once more to strengthen against all majors and make CHFJPY and interesting opportunity because of the USD, JPY & CAD triangle crash in the making as we speak.
Happy trading CHFJPY Long from time of posting till JPY detaches from USD as it crashes. Where that exactly is I don't know and believe it will be strong depending on speculation. Perhaps JPY this year's low of early 2018? Time will tell. In the meantime I have bought this pair.
ujsdjpy to finally offer some relief???keep in mind that NFP is tomorrow. if USDJPY breaks below monthly resistance aligning with market structure then I'm looking to go short
Bearish Pullback USD JPYChart above describe USD JPY still on bearish pullback with downtrend channel, stil bearish until level wave two not break up.
89 - UJ - Daytrade in 1-hr timeframeBuy with the bullish candle stick
The TP is around 114.4xx (resistant zone)
USDJPYDepending on how the week opens, I'm looking to short the retace back to trendline support before going long UJ
