UsdJpy- Back to support?After breaking the descending triangle resistance, UsdJpy is stalling at horizontal resistance, just above 109 figure
Sellers can found a good R:R trade if they target horizontal support
I m looking to sell
Usdjpyidea
UsdJpy to challenge 110 soon?UsdJpy has had quite a run since 105 and now the pair is taking its breath and is correcting in a flag formation
The resistance of this flag seems broken and UsdJpy can make another leg up and challenge 110 figure
USD/JPY Technical Analysis.Hello traders, USD/JPY is trading at 108.85. The Pair just broke the support level at 108.62 to start a new up trend. The price was moving in a down ward resistance and support wedges and after breaking support level started a new up trend. Its target price will be the strong resistance level at 109.23.
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USD/JPY - In ASCENDING TriangleAfter reaching the main bearish trendline, the USD/JPY market rejected it and started a small bearish trend that formed an ascending triangle, with a upport line.
A breakout of the ascending triangle and retest of the main bearish trendline is possible.
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Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE . This is just my point of view on the current situation.
USDJPY (Sell Limit)Been eyeing this move for a while looking for a deep pullback before being bullish again.
USD/JPY: to correct lower soonhi,
bottom line, I do expect 106.60 to happen within 5-8 trading sessions
good luck
Take a short position on USD/JPYAs you can see price is moving up within an ascending channel. It has reached to its highest level now and for continuing to go up it needs a correction. So bearish movement is technically possible
USDJPY SHORTPotential 3rd touch in usdjpy structure and a small structure is formed with a double top providing a beautiful opportunity to go short .
Its going to be short according to my analysis 🙏
USDJPY ABC correction in formation?USDJPY has completed 5 impulse waves. 1-5.
Based on the formation, we'll have a C leg down soon completing the ABC correction.
Usdjpy Dollar is getting stronger.Dollar is getting stronger.
Good luck to you!
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This is just an idea, not financial advice.
USDJPY Sell Trade (My View)A Quick Short Here With USDJPY Is Looking Very Nice: Fib Indicates TP 1$2
USDJPY ANALYSIS 22 - 26 FEBANALYSIS
==========
DAILY - BULLISH
4HR - BULLISH
PLAN OF ACTION
================
IM EXPECTING PRICE TO COME RETEST THE MINOR ZONES ON 4HR THEN WE TAKE BUYS IN LINE WITH THE HIGHER TIME FRAME INDICATION
BUYS:
ENTRY @ MINOR ZONES
EXIT AT 106.2 ZONE
SL BELOW THE 0.84 ZONE
USDJPY buy from current levelUSDJPY buy from current level
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USDJPY IDEAHi traders.
lots of possibilities on this pair for the week.
more information on chart, searching for the double bottoms.
USDJPY - BUY TRADE SETUP#USDJPY - Possible Buy Trade setup.
Use Max (0.5% or 1%) Risk / Trade.
Is this A Good IDEA or Bad?
Please Correction below, Thanks.
USDJPY ANALYSIS ANALYSIS
--------------
DAILY TF: BULLISH CANDLES SHOWING WEAK MOMENTUM
4HR TF: BREAK OF RECENT LOWER HIGH
1HR: RECENT HIGHER LOW BROKEN
PLAN OF ACTION
----------------------
- WAIT FOR RETRACEMENT/ CORRECTION PHASE ON THE 1HR TF TO COMPLETE BEFORE TAKING SELLS
- IF OPPORTUNITY PRESENTS ITSELF, WE CAN TAKE THE ANTI-TREND BUY TRADES
ENTRY REASON
--------------------
- BREAK OF CORRECTION PHASE
STOP LOSS @ TO BE DETERMINED AFTER CORRECTION
TAKE PROFIT @ NEXT ZONE
