Usdjpysetup
SHORT IDEA H4 UPDATE - FALSE BREAKOUTBased on market indicators and the Fibonacci fan measure I am still bearish on USDJPY with some tweaks on the entry & TP points. We are more than likely experiencing a period of retracement after a fall from price 115.600 down to 114.200.
As illustrated above I am expecting the pair to go short. A safe entry area is .75 - .618 potentially down to 0. Resistance around 115.300.
After the price meets support levels between 113.800-113.600, I am expecting a strong upward trend for USDJPY including hitting new all time highs.
Trade safe.
USDJPY SHORT-TERM SHORTS 📉📉📉📉 Expecting bearish price action on a short-term perspective on UJ as price should close the bullish imbalances, the shorts will be till price reaches 114.500 where we have a lot of conflunces to go long bullish orderblock on h4 + d1 bullish imbalance.
What do you think ? Comment below..
USDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 Reversal Pattern - Turning BEARISH? 3 Options For Entry! Hi All,
As you can see, I am bearish on USDJPY.
I am expecting price to rise next week and hit the key levels on the image above, which we can start looking for momentum to the downside and confirmation that it will turn bearish for the medium term.
Keep an eye on the key levels and see how price will respect and react to them! It should give you a really nice opportunity to enter your Sells!
I hope this post can help you. I will be posting a simplified version with the "very likely" option, just so it can be clearer for you.
Let me know your thoughts - whether you like any of the 3 ideas to take your own trades or if you are bullish in this pair!
Have a great and profitable week all!
Cheers,
Gaspar_Trader
USDJPY Reversal Pattern - Turning BEARISH? Hi All,
Here is a simpler idea from the earlier post.
I'm expecting price to rise in the beginning of the week and reach some key levels marked on the chart.
I'll start to enter sells around 114.000 psychological level, once I see price action on this level.
Are you bearish on USDJPY? Are you bullish?
Let me know your thoughts on the comments below!
Cheers,
Gaspar_Trader
USD/JYP (US DOLLOR VS JAPANESE YEN) MAKING TRIANGLEUSD/JPY (WEEKLY) making a contracting triangle on a Primary degree B of Cycle degree 4th. We are currently on an E wave of an Intermediate degree of a triangle. we are most likely to come down for A of E of a triangle. We can see 3 waves down as an A-B-C pattern on the E wave of the triangle. Most probably we are just finished D of the triangle and we are likely to push down for E as my preferred count (projected by the black line) and if we have not finished D of the triangle so we can go to break recent high as an alternative count (projected by the red line) and after that, we will come down for triangle continuation.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
USDJPY | Good Buy Opportunity
If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of USDJPY, I think we are going to see an upward movement. If you are going to go long now, make sure to place the stop below the previous support area .
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.