Usdjpysell
USDJPY short There are two possibilities
The first
to make down move to TP1 area and then break the last top
The second
a bearish wave without breaking the top and make correction within TP1 and TP2
In both cases, we are making down move to TP1
I always advise those who have experience and were not able to sell from the top to wait for the retracement wave and can enter the 50%-60% areas as happened in the SP500 chart
TP and SL positions have been identified on the chart
good luck
USDJPY - Triangle pattern ✅Hello traders!
‼️ This is my analysis on USDJPY .
Here we can see that price forming a triangle pattern which means there is a consolidation and price would have a strong move. There are 2 scenarios here, If price breaks the support zone, I will wait for a re-test before opening a short position, or a break out of that triangle and continuation of bullish price action.
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USDJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Mon 24th October 2022 USD/JPY Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/JPY Sell. Enjoy the day all. Cheers. Jim
USDJPY Sell ExpectedTechnically USDJPY Sell Expected From 150.14. And there is a valid strong Bearish Divergence!
1st TP: 147.6xx
Remember, there is no place for luck in trading - only strategy!
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Mahfuz Azim
USDJPY Ready to Fall after HIT 32-Year HighAs a predict before Fundamental News and than news came and USDJPY react with New although whole market reacted but USDJPY its All time High position after 32-Years and than its resisted there and hopefull USDJPY will Fall from here and may be again touch 150 but according to me it may hit 146.4 than can go up.
USDJPY BEWARE OF THE MANIPULATION!! UPDATELooking for shorts but still holding off for now, price struggling around the resistance but also giving no real direction. Ill be waiting for a better move and if you are taking shorts now I would be keeping stops nice and tight! Never forget the overall directions!!
Has The Crown Been Placed On The USDJPY ?Looking very likely that a Crown topping pattern is forming on the USDJPY several failed attempts to break and close above 145. Although the Dollar has been dropping the last week after nearly hitting 115 the USDJPY has been moving in a sideways range between 144 and 145 indicating period of distribution which is likely an unwinding of long positions after the huge move up.
As from a previous post I am a short positionif we get the close below the 144 level will likely drop down to the 142 region get a small bounce there then break down takng out the low from 2 weeks ago, Read my previous posts for my targets.
USDJPY - Short from bearish orderblock ✅Hello traders!
⁉️This is my analysis on USDJPY .
Here we are in a range for couple of days, so I expect price to break the range and to fulfill the imbalance above, then to reject from bearish orderblock for a short position, or I will look for a long if price breaks and re-test the orderblock.
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