USDJPY: LONG next rocket stage to 131.XX AREA possibleYes, it's simple. Technically, there is no confirmation for a top. For all other issues or questions, please don't hesitate to leave a comment or message. Cheers.
Usd-jpy-long
Double Bottom 300 PipsDouble Bottom - Almost break of the neck line.
Look to enter retest of the neckline.
USD/JPY 4H MA STRATEGY LONG POSITIONPrice tested MA20 as support
Entering without Conformation Bullish candle position on close (21:30 GMT)
Holding position over week, T.May hard times ahead but positive outlook on UK leaving EU, and D.Trump becoming president with issues laying on global crisis rather then economic issue.
ENTRY: 114.590
SL: 114.113
TP: None set as of yet
MY TRADE IDEA USDJPYUSDJPY held support around 112.39 and formed some form of an engulfing on the dailtTF...this indicates that further upside should be expected in the pair...though a fast moving pair for now the pair may not reach my initial support zone but for proper risk management i prefer that support zone because no one truly predicts the market... however a break above 114.87 without getting into trade invalidates the setup
USDJPY Pattern reversal WATCH OUT !Hello traders,
as i posted an idea about this xabcd pattern , now that pattern is finished .
our targets will be 38.2%, 61.8
find your entry setup and make some money
Make sure the reversal is happening dont rush your entry
Good Luck
USDJPY Institutional Buy SignalHello traders!
Our institutional research just updated and our technical analysis can be seen in out short-term technical outlook linked below.
The 116.55 figure is not expected to be broken before the year end so a push into the figure will likely be matched by buying.
I will be looking to buy just ahead of the figure with a 30-40 pip stop loss.
Look to get whatever you can on the profit side!
Enjoy!
USDJPY HISTORY REPEATING ITSELF 122.000 DISCUSSION Hello All,
I have been very sceptical over the holiday about going long on USD/JPY.
Telling myself over and over that price has topped and will fall from now.
Until... I looked at previous price action and noticed this identical movement in price from Oct 14 - Jan 15 where price made the same 1700+ pip move in a short amount of time, followed by a similar 6-8 day pennant (which we are in currently 27/12/16 awaiting break).
27/12/16 we tested the resistance of the 4H pennant and broke momentarily after US consumer confidence date was released. Currently price looks to break and close above resistance with what I hope will be the same long movement to the 122.000 level before retracing to 115.5.
Open to discussion.....
USDJPY Short-term Technical OutlookYesterday's short-term technical outlook:
As I mentioned in yesterday's technical outlook I am not expecting to see new highs on USDJPY this week. The 118.66 institutional resistance level has kept the upside in check for 6 consecutive trading days. This suggests that this trend is very exhausted and due for a corrective pullback.
As you can clearly see we are approaching the apex of this wedge pattern and a squeeze breakout is imminent. A breakout to the upside must push above and sustain above the 118.66 figure to see any further upside. With that being unlikely we are expecting any sharp up move into the latter figure to be quickly rejected to knock price back into this range.
With the overall trend, still being to the upside buying dips will be preferred, so any sharp moves lower will likely be bought up very quickly.
First key support below is at 116.5.
I hope this gives you traders clarity on this pair. Enjoy!
USDJPY Ride the BullThis pair may seem overbought on the hourly charts, but on weekly and daily charts, it still has room to move up to 120-125, especially with fundamentals supporting the bullish side.
www.dailyfx.com
D:
W:
USD/JPY SHORT TERM SETUP (LONG/SHORT)Technical Analysis for USDJPY on H1 chart above was initially planned for the short term range within the level of (Support) 101.80 - 102.50 (Resistance). Consisting of 70 pips in total accumulation in between those levels. R:R = 1:1
Key Factors for this setup are the PA swings, Closed Candlestick, and the up/down-trends strength to plot for the PO Buy Cheap/Sell Expensive
Target Profit of 20-30 pips on a single directions. Be it, LONG/SHORT.
Look for a good entry and recommended to set for the Stop/Limit order. All the best. Trade Success.
possible buy gbp/usdpossible entry order long if entry isn't filled may look for manual entry on smaller timeframe.
again with a 1% risk this trade looks promising even if TP isn't reached there are still plenty of pips for the taking,
also a break out of the triangle followed by consolidation will signal another possible entry.
trade with care
Potential Gartley Pattern USDJPY LongHello Traders,
We recently went short on this pair with a successful Cypher pattern.
We are now looking at an opportunity to go long with a potential Gartley pattern entry @100.40 if price call fall to this level.
In this area we complete an AB=CD harmonic move and have some fib confluence.
Target 1 @ 100.80
Target 2 @ 100.05
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USDJPY LONG H1Price is in Strong support level i use fibonacci to put a take profit and stop lost. For risky traders we can use market execution for more conservative traders you can wait to breakthrough the top.
Friday we have NFP !
Good luck
usdjpy outlookin coming days we will be looking for Long Opportunities in USDJPY , 116 is target price , let's see how perform usdjpy
usdjpy looking to 144240usdjpy looking to 144240 after residence in 113.283
i think that now to go long with tp 114.00 - 114.230
after we will see if theirs any broke we will go throw long agine with new candle in st/ price of last candle opening
tp/ must be with febo line
USDJPY long ideaHello everyone, i will be posting here my ideas, so i can keep track of them.
Why i dont publish in private? Because i am open to any suggestion, so if anyone wants to tell me something about the idea i published, i will be glad to read what he or she has to tell me !
In this case i am posting the pair usdjpy, which seems to be on a corrective structure. On the 1H chart there is a clear impulse up (arrow) followed by a correction, so buying when the trendline is broken should be a good idea.
I will stop looking for buy setups when price goes below previous low of the impulse up.
USDJPY Long opportunityPotential Long Setup on USDJPY
Reasons for entry
- Pair has been in a long uptrend
- Price Hitting previous support
- Finding resistance near 200EMA
- Pin Bar on 1hr timeframe
Exit Strategy
- Never risk more than 2%
- Stop below recent swing low 123.80
- Target 125.00
- Reward: Risk 3:1
Let me know what you think?
Intra DAY setup USDJPYToday i will trade on UsdJpy , last night Usdjpy went UP very fast , and still we have opportunities for buy more in any low price !!! best of luck
