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Usdjpybuy

USDJPY - 4h - Análisis SemanalRisk 1% of your account equity. SL 113.365 TP1 114.289 TP2 114.620 TP3 115.023 TP4 115.676 Traders, if you like this idea or have your own opinion about it, write in the comments. Patience, Discipline and Good Trade! KISS: Keep It Simple Stupid. LCCJ ................................................................................................................................ Arriesga el 1% del capital de tu cuenta. SL 113.365 TP1 114.289 TP2 114.620 TP3 115.023 TP4 115.676 Traders, si os gusta esta idea o tenéis vuestra propia opinión al respecto, escribid en los comentarios. Paciencia, Disciplina y Buen Trade! Manténgalo simple y estúpido. LCCJ
Long
by LCCJ
Is the wave 5 completed for USDJPY?Is the wave five impulse completed for the USDJPY or will we see one more fake out to the upside to catch traders the wrong side? We're neutral about the price action at this point BULL CASE Price could break 115 again and this may bring price up to even the 116 levels before a major correction. If this happens the downside target will be larger at around 111. BEAR CASE Price could be ready to move down from here, If this happens, we're looking at the 112.7 levels before some support is met.
by IkanBilisCapital
2
Indecision for the USDJPYThis chart looks indecisive, the bias is to the upside. If it is going down, there's going to be a long struggle where price trades sideways for an extended period of time. From an elliot wave perspective, looks like it is due for a wave 5. BULL CASE Price to break farther up from here, retest the top of the channel and find a higher high. This could be a rather short wave and we may find rejection as soon as 115. BEAR CASE The downside should be rather capped for this pair and if there's a big one coming, it will need to trade sideways for a bit.
Long
by IkanBilisCapital
USDJPY at an inflection point.Is Biden going to drop Powel? That's the million dollar question. Inflation is on the verge of bursting out in the US, if that happens, we will see price break out of the channel to reach higher heights. Otherwise, a rejection at the top of the channel to remain status quo is set to play out. BEAR CASE Until proven otherwise, our bias is status quo, we are expecting a price rejection at around 95.5. BULL CASE If price breaks out convincingly, we will wait for a pull back to make sure it's not a fake out and go for a long. The retest at 95.5 after a break out is in our sights.
TVC:DXYShort
by IkanBilisCapital
UsdJpy- Rise to 118.50?There is no doubt that the overall trend for UsdJpy is strongly bullish and after reaching a recent high above 114, the pair corrected some of the gains. The spike under 113.30 support was short-lived and quickly reversed giving us a signal that bulls are here and are very strong Now UsdJpy is trading just under local resistance and a break looks imminent. Once we have this break we can expect continuation to the upside and 118.50 is my target for this rise
Long
by Mihai_Iacob
13
More downside for USDJPY but limitedPrice continues to trade in a range this week. We think that will continue into the rest of the year. The bearish engulfing candle is formed on the 4hr and more downside will come at the start of the week but the downside is capped by the 200MA. BEAR CASE Price dumps straight away from these levels. Our target is between 122 and 122.5 BULL CASE Price consolidates upwards before the bear case is fulfilled. If this happens, it should be capped by the top of the channel at around 114.
Short
by IkanBilisCapital
USDJPY bulls back in action this week??Stopped out at break even on USDJPY and will be just watching this pair for atlest the start of the week. If price can reject that support at 113.500 I will be looking for buy trades but if price breaks that area ill be looking for continuation shorts... If price can breakout to the upside through that 114.500 area Ill be looking for continuation longs, but for now I'm just waiting for this consolidation to end and more direction to follow!
Long
by jamison_fx
1