USDJPY METEO Anticipating any of these moves in the coming week... flexibility and risk caution... confirmation before entry
Usdjpysell
USDJPY-SELL++I have increased my short @ 130.75 awhile ago, and will add further on increases, which are possible. The view is medium-term, and not short-term, so from short term perspective we may have little more upside before correction sets in.
The focus is medium-term, and the level over overbought is high, not extreme for weekly chart and getting to extreme on Monthly chart.
the strategy is unchanged to build up shorts in but using small leverage.
The correction is likely to go towards 125.17 for now.
USDJPY: Never Ending Bull Run 🚀Trying to trade anything JPY is proving difficult as we experienced yesterday on EURJPY. The death of JPY just continues over and over.
I think the bull run will continue all the way into the key psychological level of 130 before we see any signs of buyers slowing down.
I won't set an order, I will set an alert because we are bound to see some manipulation around this key level.
Once the manipulation and play on price is complete around 130 THEN we may have the opportunity to join sellers.
Buyers got an easy breakout of the 'trend-line' which leads me to think liquidity and trapped sellers remain at the low.
This will be the target IF we locate a sell.
USDJPY-SELL++As expected we went little higher, and now am eyeing to ADD further SELL @ 130.70-131.00 when seen on opening Monday.
The DC is high up and we are showing resistance at previous high 131.5o area, and of course an increasing overbought status on weekly chart and much more extreme monthly.
Overall view is that we will see lower 125.17 for corrective reasons.
USDJPY 5-DMA local supportUSD/JPY extends range trade, cautious mood prevails ahead of US jobs report
The pair is extending rangebound trade for the second straight session, caution prevails ahead of US NFP data.
SHORTING UJ FOR 60 PIPSPrior to today's market closure, UJ recorded a low at 129.520 before a move upside. Expected a fall out at my rejection zone (130.050-129.920).
Expecting a rollover to 129.350's before the NFP data for June drops!!!
NB: Red BOx; Rejection zone
USDJPYUSDJPY
Imbalance > BOS > wait for retest to that imbalance and take a short from OB. with small SL
when the trade goes to your favor then move your sl to BE after breaking the previous low..
then wait for TP
ENJOY.......!
Shorting USDJPYWe are shorting USDJPY and looking at the following parameters:
USDJPY SELL @ 126.897
TP: 125.567
SL: 127.470
DeGRAM | USDJPY short opportunityUSDJPY is in a downtrend. As we predicted last week, price action made lower lows.
Currently, the price has made a new lower lows and it's pulling back to previous levels.
The optimal level to sell would be a zone 127.500 - 127.600.
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USDJPY SELL DOWNTRENDING4H timeframe price is continuing to downtrend. Creating a range, we want to sell high. Fibonacci range 78.6% - 88.6% is the discount area. Entry is based on multi-timeframe analysis + institutional move + fib zone.
If price continues to go beyond previous low, will update on new idea as the trade has left without us.
USDJPY depressed below 128 handle Break below 21-EMA, upside remains capped at 5-DMA.
Price action is below 200H MA and GMMA shows bearish shift on the intraday charts.
USDJPY SHORT USDJPY expecting a short position , 1st correction the supply zone and then a drop cause the 4H TF is still bearish
USDJPY-SELL STThe correlation of 5Y USD Bond and USDJPY is diminishing. This is like decoupling scenario, and that allows a good correction for the pair.
Just view the historical movement, and one can observe it is not a bad tool to predict movements.
For now, I suspect we will see 125.57 test and perhaps even lower short-term.
USDJPY Short scenarioMarket already broke a structure of higher highs and higher lows, and went above the point at which it broke that structure, now we are waiting for a retracement to Supply and POC zone, and forecast price to go down.
Entry: 130.66
Invalidation: 131.395
Target: 126:334
USDJPY-SELL++No change in view.
I am inclined to add to the existing short @ 129.40 around 129.75. Further I will increase SELL @ 130.50-130.70 for now.
The overall view is to correct back to 125.57 coming weeks. we are still quite overbought and on the monthly chart this is even more severe and we need at least a move back below 122.50 to reduce the pressure.
USDJPY-SELL++The overall view is still a lower USDJPY in time. I suspect we may see a move towards 121.17-123.57 somewhere long-term basis. Medium-term for now I see 125.17 as a possibility.
the strategy is SELL @ 129.40 current and add 130.50-130.70 and 131.80-132.00 when seen. Of course small increments only until we are at the higher levels. For now small leverage to start the position.
USDJPY Short into 127.000Confluences
1. Made a Daily Lower low
2. Broke the key level and now retesting it
3. Rejections on 131.000 Major psychological level
USDJPY-SELL++We have recovered a bit from the lows and attempting higher once again.
As I had mentioned, when taking back all positions, I would consider selling again above 129.50 - 129.6 again. I might in fact start @ 129.20-129.40 and increase above 130.50. That is the strategy for now, and the profit order then would be placed @ 126.57.
USDJPY-SELL strategyI have liquidated all switching to GBPUSD for now. I feel better value.
For USDJPY strategy is SELL @ 129.60 and add SELL @ 130.45 again.
USDJPY-SELL+++No change in view.
The pattern is building for a move down. We got Moon phase start indicating a turn lower, and stochastic is negative plus over bought situation. The latter very extreme on all fronts.
For now, we still are SELL @ 130.00-130.50 and add more above 131.60. The profit level can be done in stages, perhaps @ 127.87 and 126.57 for now.
My side,
take back are:
15% @ 129.00
20% @ 128.17
30% @ 127.87
Balance @ 126.57 for now.
USDJPY-SELL strategyI just wanted to added further analysis using MOON phase.
Moon phase is useful tool as it predicts changes to market condition. we are in fact influenced by everything around us, and the moon phase is one of them.
we are a WHITE or open moon and this predicts the change of trend to down. So even considering the overbought state of the pair, the cycle will change as one can observe in the chart. this is just information and it is up to the person to believe or follow this concept.
USDJPY-SELL++++No change in view.
The pair is remaining above 130.00 and for some this seems worrying... however, all what is needed some large offloading and then the ball will start rolling :) anyway, without jokes, we are really overextended and one should analyze the historical path with current period, and one will observe clearly we will correct. of course, no one (including me) cannot predict how high it will go, and some people are fearing 135.00 even.
I feel that we should not have emotions about it, and purely focus on what we analyze, and making sure we are comfortable with the leverage etc. For now we remain in SELL mode and sell current 130.40-130.60 and add above 131.60 again. For those short, only add higher as mentioned.
Profit orders for shorts can be @ 128.17 and 126.57 for now. I am lifting positions 15% @ 129.00, 20% @ 128.17 and rest @ 125.57 for now.
USDJPY 🧅WYCKOFF🧅I'm currently studying the wyckoff .
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Let's see how it goes.
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i can't publish smaller TF so ....
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This is Not Financial Advice
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🧅JUST AN OPINION OF THE ONION.🧅
