Usdjpy1hr
USD/JPY - Possible short!After hitting the Resistance level of 113,650 a few times without a good breakout we could see a drop to the first Support level of 113,200. If that level won't hold we could see a further drop to around 112,600. Our last target is 112,275.
Entry: 113,625
TP1: 113,200
TP2: 112,600
TP3: 112,275
Goodluck and follow me for more analysis!
Liquidity Liquidity LiquidityIs USDJPY diving back down to 112.600 area to grab some liquidity, only to return back North again/ Looking left at the chart on a 4hr this can be seen many times. Busy day today & tomorrow fundamental wise, let's see if this 112.600 holds, could be a possibility of a break down to 112.450 for a stop hunt before positive news takes affect...
USDJPY intraday Short setupUSDJPY broke out quite sharply yesterday at FOMC, expecting the market to continue downside move towards prior lows, short term momentum well lined up, so worth to play shorts today.
Trade Safe,
Thanks for your support.
USDJPY intraday Short setupUSDJPY been a nice mover from past few sessions, price action is struggling at the moment, momentum is weakening across short term time frames as well, so i am looking for short setups here, not expecting much pips but still there is scope for 30-40 pips.
Trade Safe!
Thanks for your support.
Ascending triangle pattern on USDJPY Wait for break and then sell. Stop loss right above the top trend line
Watch for sell on USDJPYAgree?
- I think i finally after 4 months of trading found my strategy. Lets see
USDJPY Possible ShortExpecting another leg lower on this market, since price action is struggling at this area, momentum is weakening across bigger time frames as well, looking for shorts if you have your trading strategy.
Trade Safe.
USD/JPY BUY What do you think ? RSI, stoch showing its on the bottom and hitting the support. Time for reversal ? What do you think?
Boing Boing Boing POP!Watch for the bounce zone. You can short now if you want, but carefull of the turn around zone. It may happen shortly before or after the marked zone. The current market is a little unpredicatable with the DJI dropping late last week, and now BTC popping nicely this morning.
USD/JPY - Bullish ContinuationUSD/JPY has broken all of its ema's on the 4 hour chart and is finding support on top of them.
We can expect the first TP for this continuation pattern to be at 111.95.
On the long term, if USD/JPY holds strong, we can expect it to hit back the 113 level.
USDJPY: Possible Bullish Gartley Pattern Formation (Sell D Leg)Possible bullish Gartley pattern forming on the hourly chart with the below confirmations:
AB - 61.8 fibonacci retracement of xa
BC - 78.6 fibonacci retracement of ab
CD - pending 127.2 fibonacci extension of ab
Sell completion of d leg with targets at prior pivot bottoms.
$USDJPY Short Term BearishAs $USDJPY Coils during the rest of 2018, we could see some price movement in the early 2019 or as the trade war progresses
USDJPY correction to continue a bit moreUSDJPY just tested the downtrend line today-i am expecting it to retest the top of the diagonal and then a drop to around 108.00 handle. If you have your trading strategy, consider short term buys for the top of the diagonal.
Trade Safe.
USDJPY - BEARISH SETUPHi traders, USDJPY is still Bearish . Don't miss this short. It has a huge potential.
As per my analysis, price action shall further move up to the below targets.
Entry: 110.342 (or) Entry @ CMP
Take Profit: 109.733
Stop Loss: 110.613
Risk Vs Reward Ratio: 2.25
Go short the USDJPY ; Good Luck
USDJPY Setting up for a big moveUSDJPY price action is like narrow range consolidation-I am looking the correction to continue higher to test the top of the trendline & a linear compression, thereafter for sell setups for a directional move. Keep eyes on this market.
Happy Trading.
USDJPY Bounced Perfectly, Remain Bullish For A Further RiseUSDJPY bounced perfectly above our buying level as expected and looks poised to rise further in this bullish channel.
Buy above 109.98. Stop loss at 109.61. Take profit at 110.86.
Reason for the trading strategy (technically):
Price has made a pullback to our buying level and bounced off perfectly as it continues its way towards our profit target. Our major support buying level is at 109.98 (Fibonacci retracement, horizontal overlap support, Fibonacci extension) and we remain bullish above this level for price to rise to 110.86 resistance (Major 61.8% Fibonacci retracement).
RSI (89) has made a pullback to our RSI and bounced off perfectly too.
USDJPY in a strong ascending channel, potential for further rise
USDJPY remains in a strong ascending channel and is also above our Ichimoku cloud signalling that there’s strong bullish momentum. Price could potentially drop to our first major support at 109.98 (Fibonacci retracement, Fibonacci extension, horizontal pullback support) for a bounce to at least 110.86 resistance (major 61.8% Fibonacci retracement).
RSI (89) has made a strong bullish exit signalling that there’s potential for further upside movement.
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USDJPY Rose Perfectly To Our Profit Target, Remain BullishUSDJPY bounced off our channel support perfectly and reached our profit target. Look to buy on weakness.
Buy above 109.98. Stop loss at 109.61. Take profit at 110.86.
Reason for the trading strategy (technically):
Price has shot up perfectly to our profit target after bouncing above our channel support. We now look to buy on weakness to play the further channel strength on USDJPY. Our major support buying level is at 109.98 (Fibonacci retracement, horizontal overlap support, Fibonacci extension) and we look for the bounce above this level for price to rise to 110.86 resistance (Major 61.8% Fibonacci retracement).
RSI (89) has made a beautiful bullish exit signalling that further upside momentum is expected.
usdjpy sell stop intraday usd jpy was formired classic Zig Zag
i think test this cycle for down
need open sell stop this currency
