USD/JPY BEARISH 1-3 MONTH OUTLOOK.Outlook is bearish for the next few months. Watch lower time frames before opening sell position. Good Luck :)
Usd-jpy-sell
SHORT ON USD/JPY After looking at the chart on USD/JPY appears to be a nice short play from 110.73 to possible 107.80 showing a little resistance at 108.10 but expect it to pass through to 107.80 area.
USDJPY so far is moving very favourably USDJPY is pretty much the same too, The trend is looking very bearish for the pair. I do expect price to move up 15-20 pips during London/NY session before it actually moves. SO we'll place two trades, one for now and a sell limit if price actually does move upwards and reverses for the perfect entry.
USDJPY SELL
start: 109.772
stop loss: 110.325
take profit: 106.982
USDJPY SELL LIMIT
start: 109.962
stop loss: 110.325
take profit: 106.982
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.
USD/JPY short105.5 TP
109.7 SL
Also the last few years have seen big drops around year end, not that that should be a determining factor.
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.
USD\JPY Approaching Resistance potential Reversal,70% ProfitableMy Friends,
Price is over bought, Approaching Resistance and forming a change of trend,
Good Luck.
*Trade at your own risk.
entry for salethe price is being rejected at level 50 of Fibo and being under significant resistance it is predicted that the price will fall to 108,302 with a distance of approximately 109 pips.
I am quite new publishing my ideas.
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.
Sell USD/JPY at Break of SupportRecent rejection at resistance levels show reversal for the USD/JPY pair. We look to enter short positions at the 113.400 handle at the break of support line.
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.
USDJPY Sell Confirmations:
1. LL created then retest of resistance as support
2. Selling in a downtrend
3. pullback of 38.2%
4. MA's show momentum to the downside
5. 1hr evening star and 15 min engulfing pattern (3 times)
6. Confluence with AUDUSD rising
* No trades are perfect and neither are they 100%, always determine the amount of money you're willing to risk before entering, you wouldn't go into war without armor so don't enter the markets without a SL. *
