Usdjpyidea
USDJPY top-down analysisHello 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.
USDJPY top-down analysisHello 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.
UsdJpy- Lower high in placeAfter a bearish Pin Bar in 115.50 zone resistance followed by another bearish long-tailed rejection candle, UsdJpy has dropped under the important 115 figure.
At this moment we can consider that a lower high is in place and expect continuation to the downside.
Rallies above 115 should be sold and bears could target 112.50 support zone.
A daily close above 115.50 would negate this scenario
USDJPY top-down analysisHello 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.
USDJPY, splendid trade closed in ProfitHello everyone and congratulations to those who yesterday closed this trade with TheCyclicalTrading in gain !
Many of you dumped your positions at 38.2%, you got the most out of this trade, congratulations; others have closed part of the lots on the support at 114.23 and the rest on the Stop profit, that's fine; all with different strategies, and all profitable if applied to the cyclic method , you are all really good, I am proud of you . :)
What do we expect from the USDJPY now?
This is graph W1 for a broader perspective:
The five- year cycle has just begun , and a sell signal has entered just where we have this latest profit, but it's just a pullback on the weekly.
We may see the price reach 125.50 by the end of 2022, with more short signals from which medium-term trades can emerge, but the big cycle commands and is bullish.
However, we will continue to follow him in H4 with the semester and we will try to steal every single movement.
For now we just observe and stand still , because there is no Long signal in any of the timeframes of our interest.
USD/JPYThe US dollar initially rallied last week to reach towards the ¥115 level. That is an area that is a large, round, psychologically significant figure, and now it looks like we are ready to continue breaking down in the short term. The ¥112.50 level underneath could be a potential support level, and perhaps a potential target. At this point, we will continue to move based upon risk appetite more than anything else. I do believe that we will continue to see a lot of noisy behavior, but I think ¥112.50 is the target.
More downside coming for the USDJPY.There will be more downside coming for the dollar yen in the coming weeks and I expect price to get some support and start consolidating around the 112.8 levels. All eyes are on the fed's meeting next week. Their stance will determine the next course of action from there. If you are not in the short , you can wait for a pullback and a quick scalp down to the 112.8.
USDJPY Sell Trend.!#USDJPY Hello trader, I hope are good and safe. Today I opened the chart of #USDJPY for 15 MIN. and analyzed it then I see that this chart has made a DOWN TREND, So I hope #USDJPY will go downside,
Now Nice opportunity for short.
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