USD/JPY, Sell entry. We can open Sell near 108.30 - 108.40
Because:
- Price bounced from mirror level
- Low risk
- EURO is growing.
After 100 like I will do all updates and will write S/L and T/P points.
Uj
Bearish move on usd/jpyHello everyone!
We have a nice opportunity to short this pair...
-perfect 61.80% rejection
-Waiting for the break of the counter trend line
-Strong Bearish trend line (white line)
Perfect target: 107.250
Have a nice weekend!
USD/JPY can continue down move.We can open Sell near 108.30 – 108.40
Goals: 107.55 and 106.64
- Daily Trend is down
- Good risk/reward ratio.
2 - UJ - Follow trend but SL Order
Sell - 108.897 SL - 109.285 TP 108.150
It go down, however, it retrace and hit my stop in h1 chart.
Loss trade 2 streak.
USDJPY Similar pattern to a year agoIf you look at the USDJPY pattern from last year (there was a rate hike on Dec 13, 2017), a top and then three increasingly lower tops before a strong pullback, it looks very much like this year, 49 weeks later. Supporting this is a mirror fractal (shown in yellow) from the last recovery. If the pattern continues, we could see 105-106 in March 2019. The pattern also fits my CAC40 fractal idea earlier.
The CIBC analysis reported on FXStreet.com supports this view, as do earlier forecasts by ExchangeRates.org.uk , and JPMorgan who predict a bottom at 104 in March 2019 and then a recovery.
The trade is to take advantage of the bounce from the 200-day SMA we hit on Dec 20, and short 111.50 for 105, with a 100 pip stop, which is 6.5:1
USDJPY LongIf the first TP holds as resistance can see some more downside for UJ in the upcoming future!
-Caleb D. Trillionaire
UJ MarkupExpecting a retest of resistance to see a further push down to break prior support and create a new low.
AJ on the vergeAs part of USDJPY seasonality AUDJPY on the verge of being launched into orbit, you better get ready.
USDJPY and CAC40 - leading fractalThe French CAC40 index appears to be leading USDJPY by 9 weeks. There is no reason why it should (other than the big macro picture, USDJPY falls on in risk-off sentiment and so do equities). Let's see!
USD/JPY, Trading Plan.I will open Sell near 111.63 because:
- Currency pair broke down key level 111.637
- H1 - H4 candle close under that key level
- Near key level low risk
- Potential move to 110.024
USDJPY to 112.000??UJ broke the trend line and now I am expecting a correction to continue the bearish movement until 112.000 Daily region.
We caught the broke of the trendline, sorry I didn´t posted before.
Be ready for more trades..
USD/JPY, Trading Plan. I will Open Sell near 113.20
- It is a key level
- price bounced several times from it
- Risk/Reward ratio the best near that level
Goals: 112.71 and 112.308
USD/JPY, Trading Plan.Open buy near 113.40 - 113.50
Goal is 114.00
Daily trend is Up
price broke up the downward line
USDJPY Short OpportunityGonna wait price to break local HH, false break will signal us to go short.
Entry - 113.676
TP 1 - 112.314
TP 2 - 111.385
SL - 114.272
Good Luck!)
USD/JPY, Trading Plan. Open Sell near key level 113.00
Price made of fake broke of key level 113.10
Goal 112.18
USDJPY SHORTI am short this pair. Looking to take down to 110.600 support for my first target then down to 108.565 for my second target this week. Lets see how next week plays out.
USDJPYwe have some major bearish divergence that's been holding pretty nicely and a big engulfing bearish candle to confirm it
USDJPY short (re-entry from last week)Hey folks,
Our last week trade closed at breakeven, here is the best re-entry point that we can get
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