USDJPY LONGS ACTIVE 📉📉📉Expecting bullish price action on UJ as we are in a huge bullish market strucutre both on technical and fundamental perspective, price rejected a bullish orderblock area an clearly confirmed it.
The retail herd is SHORT on this pair meaning we have to look at LONG entries to have a better probability to see a take profit
What do you think ? Comment below..
Usdjpysell
USDJPY-SELL+++No change in view.
I did add a SELL @ 126.05 and average now 124.27, which is good for the expected move to 120.17. We might adjust it slightly but for now I keep it at that level.
we are overbought and its severe enough to expect a good correction. For new positions sell @ 125.30-125.70 and add sell above 126 same as before. Keep leverages in check.
USDJPY-SELL++++No change in view.
I was unable to add a SELL @ 126 above. For now will sell further above 126.00 (perhaps 126.25) but little more aggressive leverage. Right now still very low leverage and no issue.
If new strategy, SELL current @ 125.30-125.50 and add above 126 as suggested. profit order 120.17.
USDJPY-SELL+++No change in view.
I will be adding above 125.00 when seen. The market is still very overextended, but this is not unusual for the pair. This is one of its characteristics.
However, always remain low leverage trading to avoid unwanted issues relating to the floats.
For now if new, SELL current @ 124.30, or as stated (when already short) only add above 125 for now. Profit order 119.37 and will advise if changes.
USDJPY-SELL ++No change in view.
The market feels heavy and a topping out pattern, kind of spiked as we all have seen.
Usually this bodes not well for the bulls and I think we may see lower levels coming weeks.
For now sell @ 123.80-124.10 and add above 125.00. I already am short average 123.15 with small leverage and am happy to add higher. Profit order same 119.37 for now.
USDJPY SHORTS 📉📉📉📉 Expecting bearish price action on UJ as price takes out the buy side liquidity on the M30 and right now it's making the bearish reversal move, price made a lot of bullish imbalances that has to be filled those imbalances should act as a magnet for the price 123.000 is my target where bullish ordeblock and imbalance will be mitigated. JPYBASKET is also very strong and i expect it to rise meaning XXX JPY pairs should go down.
What do you think ? Comment below..
USDJPY-SELL++No change in view.
We should be seeing lower levels medium term and this could be coming weeks. The chart pattern is showing signs of tiredness and topping DC and overbought state weekly chart,
The strategy still same... SELL current 123.70-124.00 and add above 125.00. Currentl am short @ 123.15 low leverage and will add now above 125 only if seen....profit target 119.37.
USDJPY-SELL++No change in view.
We are short little @ 122.55 and we added @ 123.04 and also @ 123.87.
For now, we are slowly increasing the short in a similar way as before with low leverage. The idea is to create good average that ends in a corrective move back to 119.37 for now. The next SELL level is likely @ 125 above.
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 ?
USDJPY- SELL++ MTShort-term we have some correction, but still overbought status, but not severe.
The medium-term picture suggest we should see lower 119.00 return levels to relieve the pressure.
The view is still SELL @ 122.50-60 range (I already did near those levels as suggested yesterday).
Further we add above 123.50 again and if lucky 124.60-70.
The profit level for now 119.87 but feel we may go lower.
USDJPY H4 - Big Dip IncomingHey everyone, I hope you all have been able to bank on all of the movement that USDJPY has been giving us! After a nice bull run, the pairing is continuing to retrace.
The TP of 121.480 on my previous signal has already been reached and the movement will continue downward.
Based on current chart movement I am overall bearish on USDJPY.
I have a safe sell entry placed at 121.100 with potential TP of 120.600 | 119.900 | 118.645 .
I have a resistance of 125.100 and support of 115.820 . Price 122.500 invalidates this trade.
Be sure to like and let me know what you think of this analysis in the comments.
USDJOY-SELL strategyNo change in view.
The pattern and market condition still the same. we are overbought for the medium-term (coming few weeks that is), but would suggest picking sell levels and not to just jump in. Also I wish to explain, that my personal strategy is scaling in to positions carefully. This does not mean that I can predict highs or lows, but trying to find a good mix of entered transactions to create a profitable one in the end. That does mean negative floats that are manageable. This is in responsive to some comments, whereby some are creating a blaming session towards me. It is always the responsibility of the reader to take positions and manage them. If one cannot manage them, they should have professionals manage it for them in stead. Trading is a difficult profession and not all will be successful.
Anyway, let's focus on where we are right now.
Coming back to the strategy, I see this as follows:
SELL @ 122.60-80 range and SELL again @ 123.50-70 for a move to 119.27. I think we may see even lower then this level.
USDJYP- SELL strategyThe short-term SELL suggestion worked very well, and the profit was taken @ 121.41 (instead of 121.17 order).
This means the short-term seems corrected a bit, and now we place focus on weekly chart for a medium-term objective.
The strategy is still same, we SELL in rally, and build slowly the position. That is why for now, weekly charts is overbought, but corrected a bit due to the short-term correction.
Strategy is SELL @ 122.60-122.80 (small leverage) and add further @ 123.30 and @ 124.30 when seen.
Profit order overall is 119.20 for now.
USDJPY-SELL+++++No change in view.
I have now a reasonable short position @ 122.67 average. As stated before will add only above 125.00 again.
For new positions, SELL @ 123.50-123.80 range and add SELL again @ 124.50-124.70 for a corrective move 120.97.
Currently I will take back based on the following:
30% @ 122.67
30% @ 122.17
rest @ 121.17 for now.