Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
USDJPY is forming a descending wedge pattern signaling bullish sentiment and setting us up for a long position. Are we in a position to short now? How do we trade this? 🤔 We have the wicks! But we need confirmation. We've had three pushes down that include two large wicks and some nice bullish price action that followed. What we need now is a push and a close...
USDJPY breaks out of a correction/a rising wedge after making a third touch of the upper part of an ascending channel, and formed a double top. 3 reversal signs.
Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
USDJPY has been falling in a bear trend since it's double top at last years high of 152.000. We saw a great bull response candle on December 7th and the close of a slightly lower low on December 13th. We may have had the first leg up in a bull reversal, but do we have the data to support it? How do we trade this? 🤔 Short answer, no. We need confirmation that...
USDJPY has officially broken out of the bull channel it's been in since February 2023 and fell hard into the Weekly 200EMA! The final Daily bear candle closed with a large wick over 1/3 the total size and the following Daily candle closed with a long tail as well. Does that mean we're going up? How do we trade this? 🤔 A bear breakout on a bull channel after the...
Price retraced correctionally and fail to break the resistance zone Full video on my YT via the Link in my bio
USDJPY fell from the double top as predicted in last week's analysis, hitting my take profits all the way down to 147.120. Will there be more downside or are we ripe for a rip back to 152.000? How do we trade this? 🤔 This analysis shows us three clean support areas: 146.000 (Bull Channel Support), 145.000 (Previous High), and 144.000 (200EMA). It's reasonable...
USDJPY has been in a strong downtrend since last week, it has now breakout of a correctional move anticipating futher drop.
USDJPY last week's trade finally hit TP 🎯🎯 Like I always says, Patience is Key.
USDJPY fell below the 30EMA to my previously predicted area of 147.100 then immediately bounced back to 150.000 only to stall and leave us wondering what the next move will be. How do we trade this? We're in a bull channel which should put us in a bias to long. But we have a double top reversal signal at a key level of resistance (the previous Weekly high of...
USDJPY broke out of an ascending channel and it's forming a Head and Shoulders pattern.
Hey Traders, What we believe UJ price moves as mentioned on the chart, So we expect price to break just above and go higher, Therefore, how you can jump in this trend? Answer is quite clear, in HT we confirm that we are in extremely bullish move, and according to the JPY data we going to have more pressure on JPY currency, So how we enter! Look I mentioned...
17th August daily key reversal bar indication for weakness ahead. use low risk, reversal trade need patience & discipline. supply zone 146.30-60, target: 145.05. stop loss above 146.60 i.e. 147.00.
3rd August daily key reversal bar, made a new high closed on the low, aggressive indication for short ahead usdjpy, take 2 positions by splitting risk equally, one cmp , one pending half % with 50% retracement. target 139.40, stop loss above 143.85.
bearish order block range as supply zone 142.40-142.95. stop loss 143.15, target: 139.40. Non-commercials reduced 40k shorts by last 4 weeks while commercials reduced 40k long by last weeks signs for jpy bullish reversal.
24th july daily inside bar range in between the previous bar range indication for weakness ahead. if inside bar fails then above supply zone for short 142.00-4300, stop loss 143.20, target: 139.60
142.40-143.00 supply zone for short. stop loss above 143.00 i.e. 143.20. target: 138.50