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Usdjpyidea

USDJPY: Diagonal pattern in wave BIn the weekly chart, the price is forming a Triangle Pattern. Currently, the price is in wave D of that. The structure must have 3 confirmations. In the daily chart, wave A is completed in the range of 111.68, also in wave B, we can see the Diagonal pattern, which is ended in the range of 102.59. To be able to receive the confirmation of the uptrend, the price needs to cross the range of 105.67, if the price crosses the range of 101.18, this analysis will be nulled. If we intend to enter the risky orders, after the price crosses the range of 104.39, we can set the long order.
by NirmataFX
1
USDJPY long trade ideaPlan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** 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. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
1
USD/JPY PAIR BREAKDOWN! 👋 Hey there traders, and welcome to a brand new pair breakdown! 📌 If you like the content that I produce for you all, show some love by smashing the like and follow button, also, leave a comment! That keeps me motivated to produce more content! 📌 Why should you follow me on Tradingview? I'm transparent. I provide educational content. High probability setups I explain all my steps in-depth 📥 If you would like me to analyze a pair, or discuss something educational and or trading related, let me know via private message, or drop a comment! I always respond to all the comments! :) Keep in mind that the analysis provided is not 100% accurate and that you can never be certain about the markets. This information given is not financial advice, always do your own research. Thank you for your time, and let's destroy the markets together!
by UnknownUnicorn7363578
USDJPY Forming Descending Wedges Pattern.Hello traders, USDJPY is trading at 103.97. The price is trading in a downward resistance and support wedges and can consolidate further before starting down trend. If the price breaks the key level at 103.88, it can continue its down trend and its target prices are as follows. 1st target price at 103.32 and 2nd target price at 102.59. Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and Ideas. Thank you, Rishikesh Lilawat
Short
by rishililawat5
2
USD/JPY with the Symmetrical TriangleUSD/JPY is moving downwards. It started to fall from 20th February of 2020. And it's still falling. It has made the symmetrical triangle here. It's making the 4th wave here, and it has to cross the following level 103.455 - 103.360 - 103.185 - 103.050 , to complete the 4th wave. But if the trend started to move upside, then there will be a failure of the symmetrical triangle. Then the targets will 103.815 - 103.915 - 104.100 . I have applied DMI, ADX is less than 25 , which shows a downtrend. And the +DI is above -DI means an uptrend.
by forextidings
USDJPY H4 - Double Jab Punch IdeaTrading idea for USDJPY pair, price is reaching to daily/ weekly SnR/ Support now. Expecting it to be bounce for Long/ Buy & TP right before the DROP Zone for Short/ Sell. Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
Long
by Carta_aPau