Usdjpybuy
UsdJpy building upside momentumAfter 103.20 low, UsdJpy has risen aggressively and reversed 250 pips in one day. Either is BoJ intervention or just the market, 103 is very strong support now.
Now the pair looks like is building upside momentum and a break above 105 would signal a change of trend.
I'm bullish as long as 103 is intact
USDJPY - SWING - 24. NOVE. 2020Welcome to our weekly trade setup ( USDJPY )!
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1 HOUR
Bearish pullback after skyrocket price action.
4 HOUR
Strong reaction after bearish trend..
DAILY
Expecting market to turn shortly!
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FOREX SWING
BUY USDJPY
ENTRY LEVEL @ 104.220
SL @ 103.730
TP @ 104.970
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
USD/JPY Technical Analysis USD/JPY made a strong impulse move tw
USD/JPY made a strong impulse move two weeks before.
But the rally fizzled out at the high and since then the pair is retracing its move.
Now, it has found support around the 103.7 mark.
A move beyond the resistance 104.2 can invite bulls once again in this counter and hence we advise traders to go long as soon as the pair breaks above it.
USDJPY - LONG
ALL ANALYSIS ARE MADE USING ONLY PRICE ACTION, NO INDICATORS. MULTIPLE TIMEFRAMES ARE INVOLVED BEFORE TAKING A TRADE.
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==> PLEASE TAKE NOTE!! DO NOT SET LIMIT ORDERS. GET IN ONLY WHEN YOU GET THE GO SIGNAL FROM PRICE ACTION
Buy with measured risk, if the price breaks the SnD areaBuy Usd / Jpy if you engulf the SnD area.
At the moment, the price seems to be trying to break the blue line, which is also the SnD area. If the price breaks this area, it will likely continue its bullishness up to resistance (R).
Buy with measured risk, if the price breaks the SnD area