USDJPY Continuation higher again!Ill be looking for more rejection off current support of 112.700 for buy trades to atlest 113.500 and beyond.
Usdjpylongsetup
USDJPY SWINGHey Traders, in the coming week we are monitoring USDJPY for a long term buying opportunity around 112.700 Zone respecting the bullish trend in combination with the weekly strong demand zone. Once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
USDJPY Wait For The Trigger 🔥🔥Hello Traders , Welcome to this analysis, we are looking at the USDJPY , the 1-hour timeframe.
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USDJPY BREAKING THROUGHT HUGE LEVELIll be keeping my eyes on this one but it does look like we are breaking through a huge area of resistance and continuing on the bullish momentum. For now Ill wait and see if we can get a pull back and possible entry's for long trades around 114.250.
Indecision for the USDJPYThis chart looks indecisive, the bias is to the upside. If it is going down, there's going to be a long struggle where price trades sideways for an extended period of time. From an elliot wave perspective, looks like it is due for a wave 5.
BULL CASE
Price to break farther up from here, retest the top of the channel and find a higher high. This could be a rather short wave and we may find rejection as soon as 115.
BEAR CASE
The downside should be rather capped for this pair and if there's a big one coming, it will need to trade sideways for a bit.
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
USDJPY Trading The 5th WaveIn this update we review the bullish sequence in the USDJPY now that it has met the minimumn requirements for a 4th wave low to develop
USDJPY WXY Pattern In PlayIn this update we review the corrective cycle in the USDJPY and identify a high probability trade location to play for a wave 5 upside extension
USDJPY bulls back in action this week??Stopped out at break even on USDJPY and will be just watching this pair for atlest the start of the week. If price can reject that support at 113.500 I will be looking for buy trades but if price breaks that area ill be looking for continuation shorts... If price can breakout to the upside through that 114.500 area Ill be looking for continuation longs, but for now I'm just waiting for this consolidation to end and more direction to follow!
UsdJpy- To break flag's resistanceAs I said in my previous analysis regarding UsdJpy, I'm strongly bullish
At this moment the correction from the recent top seems to be over and the pair is ready for a new leg up
The confirmation comes once the flags resistance s break and we can see UsdJpy above 115 soon
A drop under 113 invalidates this scenario
UsdJpy remains strongly bullish on medium termAfter reaching a new local high last week at 114.70, UsdJpy has started to correct.
This correction should be over soon and a new high above 115 could follow.
113 should provide strong support and dips to that zone should be bought
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.
USDJPY Weekly Forex Analysis &Trading Idea for 4th - 8th OctoberUSDJPY Weekly Forex Analysis & Trading Idea for 4th - 8th October
USDJPY Buy setup for coming weekThe pair appears to have broken to the upside from the current corrective structure presenting us an opportunity to go long when the price retreats before the next move up begins, right now any dips look opportunities to go long, if this is the start of a new lag up or part of the larger corrective remains to be seen but we can target the July high's around 111.50 to take profit on any longs. The weekly is giving a lot of weight too for longs.
USDJPY Price has been moving bullish impulsively, not showing any signs of reversals. To enter, I'll be looking for corrections and continuation patterns.
USDJPY 15min TIMEFRAME ANALYSIS BUYWe consider buying this USDJPY pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
USDJPY Analysis: Going up? USDJPY is looking weak at the moment, but there is potential for it to turn around at this 4H bullish orderblock.
We will find out how this goes at US Session Open, in 45 mins!
USDJPY 15min TIMEFRAME ANALYSIS BUYWe consider buying this USDJPY pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
USDJPY 15min TIMEFRAME ANALYSIS BUYWe consider buying this USDJPY pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
USDJPY longUSDJPY long setup
Trend analysis and timing
Long term wins
With room for possible draw back .
USDJPY: Falling Out of The Sky?This pair is ready to fall out of the sky if you look at it from a money distribution perspective.
I assume the last run of liquidity was to capture orders from the demand area, now we have collected them, we can collapse to the downside.
I will be looking for slight pullbacks before I get involved in shorts.
What are your thoughts on this analysis, comment below.
