Usdjpysetup
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.
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.
Possible Long shot on USDJPYI am considering taking a long on USDJPY with a big SL cluster that appears the last hours within 136.15-135.85 area.
I need a catalyst that will provide with Upside potential on USD and take a Long on the pair by tracking it's order flows and news catalysts.
Possible Catalysts for Friday 9th December.
US PPI's more positive than expectations
US Michigan data more positive than expectations
In case USDJPY isn't close to the lowest SL cluster I will play on this pair by trying to trip SL's along with the news by tomorrow.
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USDJPY Aggressive and Conservative Plans for ShortsUSDJPY shifted structure on HTF (up to weekly) and LTF. We can use this mark up for trading plans now.
📉 Text marks:
🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL.
🔹 ph, pl = protected high or low, which holds current structural impulse.
🔹 bos = break of structure . Based on candle body close below/above previous structural impulse.
🔹 rsz, rdz = refined supply and demand zones. Specific areas to look for LTF confirmations. They are manipulative up-moves before real down moves, or vice versa. Strong hands (the Composite Man, as Wyckoff called it) often come back to such zones to close their manipulative orders at breakeven, before pushing prices further. If body closes outside of the zone, in most cases it will mean the cancellation of the setup.
🔹 if ltf confirms = entry only if there's a shift of structure on lower TF inside of rsz or rdz, or any other type of backtested and approved confirmation.
🔹 liq target = liquidity target: next profit taking levels for strong hands, our main targets based on current price action.
☝️Disclaimer: ALL ideas here are for EDUCATIONAL and MARKETING purposes only, not a financial advice, NOT A SIGNAL. I share my view on the market and search for like-minded traders. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as trading in a simulated environment.
👉I believe that "right or wrong" mentality is a fundamental flaw of any beginner. In reality, a trader is right only when he executes the system and follows his rules, and he's wrong only when he's taking random setups. A trader should find a system he's willing to work with long-term, hindsight test, backtest and then execute live, then refine until perfection.
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USDJPY | Perspective for the new week | follow-up detailsThe U.S. dollar edged lower to post a weekly loss on dovish projection from the Federal Reserve. From a technical standpoint, it is worth noting that the price has been caught within a support and resistance (142.500 and 138.000) in the last two weeks to emphasize the indecision in the market. The coming week is laced with major market-moving economic releases, both from the US and Japan; the fundamental backdrop from these events will be anticipated by participants in this market as the price remains within the identified channel which also shares a confluence with the bullish trendline on the daily timeframe hence warrants some detailed understanding of the current structure before positioning ourselves for any trading opportunity.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, and risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
USD/JPY Analysis 21.11.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
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Thank you for watching and I will see you tomorrow!
USDJPY Potential Buy setup-Overall, Price is trending upwards
-Break and retest on Daily/Weekly structure
-4H double bottom and also on the uptrend
- What I am waiting now is the pull back on (140.600) 4H Structure
- Wait for confirmation entry (strong rejection or engulfing) on 30M or 1H or even 15M
Targets;
142.400
145.300
150.000
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.
USDJPY#USDJPY
Short term retracement coming to an end. Market could potentially be ready to complete next wave.
Fib target remains at 153.829
Market in sell zone, waiting to break above counter trendline as resistance to enter into buy zone.
Strategy is to buy breaks and retest to fib target whilst the Feds are still hawkish. CPI numbers to be released later today as an indication of inflation numbers for the foreseeable future
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.
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
USDJPY has given another buy opportunity!!USDJPY 4H has formed a very strong bullish price action after multiple liquidity grab from the bottom of the structure. As the long-term trend is bullish price already has grabbed liquidity from the bottom of the structure. It is highly likely this price will continue to rise as all 4 timeframes is aligning with the bullish price action. Upon the close of the candle, the price is likely to rise in the direction fo the trend.