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
Usdjpybuy
USDJPY Bounced from the trend line support 107.00 level eyedUSDJPY
Was bounced after touching the trend line which is acting as both support and resistance level. The main support level comes around 105.100 level which is a completion of ii Elliot wave and the starting point of iii Elliot wave. In between this iii Elliot wave we can expect some minor Elliot impulse waves from 1-5.The price is currently trading parallel to the consolidation phase which i have
mentioned earlier. We must aware about the series of Higher low lower low and lower high which is a sign of minor bearish trend. Bull has to go above
the 105.600 level so that it can reach up to 107.000 Level
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Thanks for your time. Good day guys 💝
USDJPY SWING TRADE Dt 06-OCT-2020Good day friends. Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday
USDPY is trading in a tight 80 pips range from September 23 to until now and its lacking some major catalyst and its trading within 105.00 to 105.800 range
It has broke the upper side of the trend line. We may expect retest around 105.200 level from this level we can buy with the swing target of 106.800. Stop lose may placed below the 104.414 level
SWING TRADE - USDJPY
Buy @ 105.200
Take profit @ 106.800
Stop lose @ 104.350
160 pips target
Kindly follow the risk management <Don't risk more than 1% of your capital
USDJPY - Outlook 5 October 2020 - Bulls are ready to launch!Hi all traders,
This is a video analysis for usdjpy.
Price have broken out of the trend line and we should be expecting this pair to break the highs of it and continue upwards further.
So do take note on the levels for trading UJ.
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USDJPY - Outlook 4 October 2020 - Is UJ still bearish? hmmm~Hi all traders,
This is a video analysis on usdjpy.
Some levels are marked within the video for you to take extra note on how to trade for UJ.
I will want traders to take extra note on it as it's very important for next week trading for UJ.
As always, be patient with your trade as UJ doesn't seem easy to trade for next week.
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Daily Update__ Buy__ USD/JPY-- W1Disclaimer:
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management.
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USDJPY - Outlook 1 October 2020 - NFP is tomorrow!!Hi all traders,
This is a video analysis on usdjpy.
USDJPY is still making a downtrend, i will continue to sell it but do take note on some of the levels for trading.
Be patient on this pair as tomorrow is nfp, we might expect some sort of volatility during nfp.
Do trade safe and cheers!
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usd/jpy buy on pullback?hey traders,
usd/jpy has broken through a resistance which has now turned support. I expect price to now retest the resistance turned support. Lets see what hand price action shows us - If it retests the area and rejects, we can expect price to go bullish to next resistance level
await confirmation