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Usdjpysetup

20 reason for sell USDJPY1 Structure analysis time frame BEAR 2 target time frame : DAILY 3 Current Move : IMPULSE 4 Entry Time Frame : H1 4.1 Entry TF Structure: CORRECRIVE 4.2 entry move : RETRACEMENT 5 Support resistance: base H4 ORDER BLOCK 6 FIB: DISCOUNTED AREA 7 candle Pattern: 3 BLACK CROW 8 Chart Pattern: ABCD ELLITE WAVE 9 Volume : DRIED 10 Momentum UNCONVENTIONAL Rsi: RANGE SHIFT BULLISH TO SIDE WAYS 11 Volatility measure Bollinger bands: VOLATILITY DIVERGENCE 12 strength ADX: SIDE WAYS 13 Sentiment ROC: USD STRINGER IN BIG PIC 14 final comment : SELL FOR SHORT TARGET 15 : decision : SELL 16 Entry: RIGHT NOW AT OPENING 17 Stop losel: 148.5 18 Take profit: 144.50 19 Risk to reward Ratio: 1:5 Excepted Duration : 3 DAYS
Short
by Optimum369
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY - By this time USDJPY was very well BUY with US ECONOMIC DATA being POSITIVE. And FED UPDATES were very POSITIVE. So the JPY automatically went down. The other reason is that MARKET RISK is ON. And JPY WEAKNESS came according to their ECONOMIC PROJECTION. Therefore, with the SENTIMENT in the MARKET, the JPY became WEAK in a very short time. - Currently, the MARKET is turning on and off a bit, that's why the JPY is going down. According to our previous USDJPY ANALYSIS, the USDJPY UPSIDE WAVE is going UP around 205 ++ PIPS. I hope you get it. - There is definitely a possibility that USDJPY will go up slightly and move to 147.561 LEVEL. The reason for that is because the MARKETS RISK is already on, so it can happen. After that, the USDJPY price can be SELL at 132.669 level by BREAKING the TREND LINE. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
by benny_marshall
USDJPY - Buy/Long at Pullback/Support - Uptrend ContinuationUSDJPY Buy/Long Buy 134.385 Looking to buy at this level to see the continuation of the uptrend, this could be a good pull back level and this buy zone is previous resistance which could turn support. Also lines up with the 0.382 Fib level, (0.50 Fib Level is also covered by our stop los), should price decide to hit that.) After Fridays NFP results, US printed stronger than expected employment figures so I think we will continue to see bull strength. Stop: 133.828 Stop has been set at this level, i have given the 0.382/buy zone some breathing space, also as mentioned previously 0.50 fib level is covered within this stop area. if price hits stop I would no longer believe price is respecting this zone and would look for another buy opportunity at 133.00 level. TP: 136.630 Take profit has been set at 136.630 - this is a key Daily support/resistance area. Look at moving stop to break even and trailing profit.
Long
by dinomalik