USDJPY IS CURRENTLY IN A RETRACEMENT ON THE 1HOUR CHART. DUE TO THE M PATTERN CREATED ON THE 4HR CHART. I BELIEVE THE USDJPY WILL SELL DURING THE LONDON/NEWYORK SESSION.
USDJPY looks like it has found a top at the fibonacci resistance level shown. I would expect a retrace back down towards the fibonacci support area, potentially dropping below into a consolidation phase. Nice tight stop loss as per usual.
USDJPY sell limit at 105.300 tp1 : 104.900 tp2 : 104.500
USDJPY - Sell - Daily Chart Sell @ Current Price approx 105.105 Sell @ Pull back to approx 105.320 Major Resistance level @ 105.000 may pull back for a better entry Take Profit @ 103.600 Please share your opinion in the comments, and support the idea with a Like 👍 Thank you for your support 😊 Wishing you successful trading...
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once it touches the key level at 105.490 it has the tendency to reach the support at 105.300.
Going short here after a fake breakout of this down-trend and price failling to stay above 105.50. First entry here at 105.32 SL 105.65 TP 104.32 Possible first target around 104.80! What do you think?? If you agree or have a different analysis, leave a like and comment please!! Have a great day everyone!
USD/JPY Sell! Probably we will see re-test at 105.218 level, letš see what happens!
USDJPY formed an objective symmetrical and divergence around resistance, so we are currently holding a sell. our stop loss is above the last swing high and we target double our stop loss size.
I want to sell in a supply zone and waiting for confirmation.
USDJPY is likely to fall from 106 to 104 range next week.
Looking to SELL USDJPY in SELL AREA and to close position in TP AREA (50 PIPS) Entry Criteria: - Do not trade if price breaks through sell area with bullish momentum and close - Execute on signs of reversal, exhaustion candles, price action in sell area - Apply appropriate risk management according to what suits your trading style Trade at your own risk!
Hello trader! We can see inverted Hammer at top and we also have a resistance and in different timeframe we have engulfing patterns. So we are selling USDJPY. Target is set using my Monkey Fist technique. Don't Forget to Hit the like button if you find it helpful and informative and follow to catch every wave correctly and remember to share ideas.
with 3 times breaking the Upward trend line show that the Supply has exceeded demand SO We predict on this Pair, We move to lower price. Good luck, Wish you money
Looking to play the next leg down on USDJPY if we can get another touch of resistance turned support for an entry, with a 25 pip SL at 0.5% risk offering a 6:1 RR for the final target. Reasons for the trade: 1. Downtrend in the market, albeit slowing/sideways movement of recent days. 2. Support has recently been broken and re-tested once, looking to short if we...