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Usdjpyidea

USDJPY , Its time to sellHello guys According to last analysis about USDJPY we shown resistance zone and now the price is in it and it seems that is making a triangle and its ready to fall down We can be in position short with nice R/r and take profit until the 1st target and if the price can break the first target powerfully we can use our strategy for the second target And we check the chart in multi-time frame and in 1h time frame we took another acceptance for taking short position Dont Forget use stop loss and money management Previous analysis : Good Luck Abtin
Short
by Abtin00
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
USD JPY MAY GO LONG. (23rd November 2020).Disclaimer:- Educational Analysis says USDJPY may go long According to my technicals. This is not an entry signal. I have no concern with your profit and loss from this analysis. Why Long? Because the 4 hr trendline(backline) is been respected twice and may test third time before going long or 15 min Consolidation of (Red Line) will break and go long. There are buyers waiting at that buy stop order value which may skyrocket this pair. For Additional Confirmation on this trade, You can wait for consolidation to break and wait for price action pattern may be morning star or two green candles or at least bullish engulfing for the price to go long.
Long
by VishalBudhrani