Get started

Usd-jpy-sell

USD/JPY ShortThis one isn't as in depth as my previous GBP/USD analysis but I do believe that we're in a possibility for a long-term short here to play out within the next week or so. USD/JPY does have a tendency to range for weeks at a time and sneak up big moves on a lot of people. Given the current formation, I think that this is too good to pass up. There are not as many confluences as I'd like to see on a trade so my risk management is going to be much tighter than normal. With that in mind, and the R:R on this, I still find this trade to be worthwhile. The key to this trade is basically trying to catch the top of the bearish triangle and once price breaks and closes below the 108.810-840 zone, we should see a downward fall with the potential for a retest of the previous support becoming resistance area. I'm curious to see how this pans out.
Short
by Gekkonomikz
USD/JPY Short IdeaI've been short risk pairs for the past 12 months or so and as I see it at the minute there is no reason to change my views. IMO The market has gotten a little ahead of itself after Trump stepped back from War with Iran yesterday. For me there are still numerous risks ahead in the coming months, Manufacturing is still winding down in most major economies (last weeks ISM number was the lowest in a decade) the Iran situation along with whatever is going on with North Korea poses surprise risk factors, Brexit is not a done deal yet and lets not mention whatever the Fed is doing in the Repo market which although nobody seems to be talking about it, seems highly unusual. So with all that in mind I will start a small short position here with an add at the daily trend line resistance, if we continue higher from there, I will wait until the 61.8 daily Fib retracement before I scale in completely.
Short
by dt6invest
USDJPY SELL ON....Hello Everyone. I see a sell on USDJPY coming up ^^ Its on a sellers market a couple of things that I'm waiting on are for the retracement to be around 61% followed by a BOS on smaller time frames. As soon as it reaches my preferred area I will be looking for that small time frame break of structure. Also, I don't know if you notice that I put a small green rectangular box on the stoch, please if it's not over 70 please don't sell that means that it is has a wait to go.... or not but I rather play by these rules for me for extra confluence. again, if you have any questions please feel free to reach me.
by ApxnLiving
USD/JPY DAILY TIMEFRAME SHORTThe USD/JPY currency pair price is creating a symmetrical triangle pattern on the daily timeframe going down even to the lower timeframe. The price has already exploded down after bouncing off the descending trendline forming the triangle, however, it seems as if some buyers are trying too hard to maintain higher prices. There is also an ascending wedge /channel on the 4-hour and i-hour timeframes, and prices have already broken out of that pattern to the downside. I suspect the buyers are just there for the retest (kiss and goodbye). As i noticed earlier today on the EUR/USD currency pair, the buyers tried fighting a losing battle before they gave away and bled to death. As my younger brother Dylan rightly said, "in a battle everyone bleeds, so don't worry of you are in the red zone". Therefore, sellers are likely to be teased by buyers before they can claim victory. May the odds be forever in your favour.
Short
by munyaelliott
2
usd/jpy SHORT ITS JUST NUMBERS ... Hey again , my new analysis for usd/jpy : Weekly: The price is below the 200 MA so we look for short bias. The trend may have reversal with evening star from bullish to bearish. The price is under resistance. Signal SELL. Daily : The price is above the 200 MA from middle March. Area of Value : Below daily resistance. Broke the trend line. Signal SELL. H4 : Below 200 MA , under the main and trend resistance . Its fake out to bullish but the real break its to BEARISH . H1 fake out . We target the fib retracement of 110.768 and then the 109.669. good luck traders.
Short
by UnknownUnicorn3549910