Ujsdjpy
UJ Short Great retracement at the 88.6 Fibonacci level last week. Price so far has not been able to break those key levels higher. I'm looking for a push up to important key supply, resistance and Fibonacci levels to continue bearish.
USDJPYLooking at the 4H time frame, we see a triangle formation.
There is a sellers exhaustion also at the 4H
The main trend analysis looks to be on a slight up trend.
bat pattern guaranteed money 56 pips short USDJPYgood day traders I hope everyone is doing well
we got here. a solid opportunity to short on a bat pattern text book short example
followed buy a long to keep up with the trend line
the targets and the stop loss as per the chart showing
happy Pips hunting for everyone
Wave Channel Educational Lessons There is a up Channel Formed and the Price was made a Price Action On The down-line of Channel
So Probably the distance from the Bottom N°1 To N°2 Is the same From The Top N°1 To N°2
So our Target IS Top N°2.
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Price Action To Long UJWe have a Positive Price Action on a uptrend after a down Correction
So We enter Buy
UJ Buy Set is Approaching As my last post-UJ is Bullish and it will continue, so there is no reason for me to sell this pair at the moment.
Waiting for a 38% retracement, after that, I will look into finding an engulfing candle or a variation of candle formation to start looking into entries.
USDJPY Awaiting confirmation
We might looking for short if the Daily candle closing with a bear candle. This make the confirmation of the double top formation which might looking for a TP at 109.017 and SL at 101.298. Please wait for the confirmation. Confirmation is everything for a dedicated traders!
Trade at your own risk *
USDJPY Projection for next weekProjetion for UJ next week. Will go short until it finds prev support which lines up with 38.2 on fibs and should shoot up to -27% or more. Goodluck :-)
UJ needs to create a new HL.
Point A on fibs need to go to that previous HL my mistake. But its still 38.2
Another Set up for UJ is approaching UJ is a confirmed Bull, It has broken a previous LH.
I'm looking for a retracement to the 38% area (green box) and continue up.
UJ-04-15-18Looking for UJ to bounce off 50% retracement and rise up to complete a double top. Might be down hill after double top.
go for long!it will bounce at 38.20% or 50% of Fibo. just be patient and wait for a good Long/Buy entrance.
USDJPY Quick profit
We have reach the H4 of rejection 106.866 and reject as history has strong support and resistant in this range,we looking for a quick profit for price to go up to 107.433 which a previous wall for Dollar and YEN.
Please trade at your own risk.
