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
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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
USDJPY is in possible buy zone!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USD/JPY BUY NOW...
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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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.
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.
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.
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
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.