USDJPY LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on USDJPY as we are in a bullish market strucutre from a HTF premise W1/D1. For a H1 long entry i will wait for the price to make a retracement back into 121.730 bullish orderbloc area on the h4 filling on it's way the bullish imbalances aka price inefficiencies. We have a bullish BOS on the H1 that confirms the shift in the strucutre from bearish to bullish
The retail heard is SHORT on this pair and this could add another confluence to go LONG - contrarian approach.
What do you think ? Where we go next ?
Usdjpylongsetup
USDJPY NeutralTop-down analysis
1. Price reached the Monthly Resistance
2. Last week rejected strong the Resistance
3. On Daily, the price closed above the structural zone of daily which potentially could go up for a short term.
4. 30M Potential head and shoulder which could become bearish but if the price broke above it, we could go long and price target is 123.200
I recommend to wait for more whether the price will break above or below
USDJPY SHORT/SELL IDEAHello Traders,
Hope you are having an amazing week.
Above is my analysis on USDJPY, overall perspective is very BEARISH.
One thing to keep in mind this week before taking a trade is the fundamental outlook on both the USD & Yen Pairs.
Nevertheless, our perspective is still bearish given that we are currently in a key area of supply.
Looking forward to see how this plays out.
Thank you for your support,
ETGL TEAM 💛
USDJPY Daily UpdateWe are Expecting long Buy in USDJPY, but market is still stuck in Daily TF. We have to wait till the market break the Supply Level 115.870, then market will hit the Daily Supply 117.211, as this Supply is Retested we think that market will also break this Supply 117.211 as it is weak. After the breakout of Supply, we can buy till the Weekly Supply 120.848. Stay Connected for more Updates.
USDJPY Weekly OutlookUSDJPY is expected to Bullish, Still stuck in the Daily TF, We can expect sell from this Weekly Supply 116.860, if we see any Confirmation as it is a retested Supply, If this Weekly Supply breaks then we can more buy till the Weekly Supply level 122.180 as it is a Strong Supply.
USDJPY SHORTS 📉📉📉📉 Expecting bearish price action on UJ as price is rejecting an important area of bearish orderblock h4 and it should go lower from there, we also have a bearish orderblock on H1 right in that area + bearish imbalances that were filled.
Targets into 115.000, What do you think ? Comment below..
More downside for the USDJPY but capped in a range.It looks like there is more downside to come for the DXY though the move will likely be capped in a range. This downward move can get some support at around the 114.6 or 114.2 levels before it hits the bottom of the range. What the price chooses to do at those levels will be largely dependent on what the central banks do. Is the federal reserve going to turn more hawkish than they already are? Or are they going to stick to the original plan?
USDJPY | Might get an impulse to the upside.If you find this technical analysis useful, please like & share our ideas with the community.
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
USDJPY (LONG) 🔥🔥🔥A clear break of structure, I am expecting the market to reverse back into my OB before continuing the BULLISH trend. Make sure you're following the channel so you won't miss a top-notch analysis like this!.
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
GBPJPY will it hold?This 155.214 level for the GBPJPY is extremely crucial? Will it hold for more sustained upside or will this range bound trading continue? I am slightly bullish to the upside for one last blow off top. But there are other pairs that have clearer direction. If you'd like to enter a trade, control your risk and expect price to turn against you. I'd personally long 155.214 at less than 1% of my account size and ride it to 160.
USDJPY SHORT-TERM SHORTS 📉📉📉📉 Expecting bearish price action on a short-term perspective on UJ as price should close the bullish imbalances, the shorts will be till price reaches 114.500 where we have a lot of conflunces to go long bullish orderblock on h4 + d1 bullish imbalance.
What do you think ? Comment below..
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.
USD/JPY 4HR BUY TRADEHi TRADERS this is my trade set up for the USD/JPY for the new week ahead
USD/JPY DRAGONFLY DOJI on the daily chart so after a big trend down we should have a nice reversal for a long trade
so i will be looking for a pullback to order block zones to take a buy trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome