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Short USDJPY with break of multi-week trend line. JPN225 retracing sharply from 2019 high.
Quick analysis of how I mark up my charts and what I look for before pressing that button. I may be entering a buy UJ depending on how the next 4hr candle closes. If I get a good rection(pinbar) from the zone/trendline it is at now I will enter with an aggresstive SL
FX:USDJPY making higher highs....and higher lows....continues in the uptrend on Daily charts... Look at thee candles as indicated at the end of Aug 2019, we got a signal of a positive reversal and that happened to be the bottom as well (may not necessarily be the case always) The price action has been continuously making the uptrend and watch out for...
Dear, Look at the monthly chart movement. UJ periodically... double bottom and double top pattern movement. Please, use this reference. Thanks.
FX:USDJPY UJ hitting supply zone and despite all roses and flowers for trade tensions, it still expected to retrace from here
Price have been moving between 108 and 108.5 for some time (Quarter points) so when we hit 108 it should respect that quarter level. SL 20 pips TP 50 pips , entry right at 108
we can see UJ respecting market pattern. waiting for a break @108.340 then re test possible 35 pip move. follow me @gonzalezz.99 on insta for more in depth
USD/JPY Short Idea (5/29/19) 1HR Chart - Looking at a double top off of the 200 EMA and a disturbance level - DXY is looking like its going to be bearish so then UJ should also follow - Looking for price to come down to 109.140
USDJPY is on the way to brake to the downside. Everything is covered in the video. Enjoy.
Support and Resistance: Resistance W1 (pink) + Resistance D1 (blue) + Upper Edge Channel (Zone 112.4) Supply and Demand: Last Supply (D) + Lower Edge Channel (Zone 111.0) Forecast: Price up to Zone 112.4 (Resistance) and down to re-test Last Supply (Zone 111.0). After that Up to break All of Resistance (Resistance with so many TOP) zone 112.4. And target to...
Technically At supply zone Very tough resistances a break in trendline on daily chart will confirm a short 50 pips should be your target atleast