Usdjpyshort
USDJPY: Seller SweepWith the majority now in favor of possible buys after breaking out of the declining trendline.
I have gone for a contrarian approach and will be looking for sells in this area.
I have not yet sold but will be looking for something In this area to take price down to 127.
The risk to reward is just an example.
Sell USDJPY SW 030423 14.10📌📌iDea Share Sell USDJPY📌📌
Link :
📍📍Open order 133.6
Sell lim 1 134.35
Sell lim 2 135.1
Sell lim 3 135.9
Sell lim 4 136.45
Sell lim 5 137.15
Sell lim 6 137.7
Tp 131.15
Sl 138.45
Warning !!! (Swing trade must be used pending orders)
!!!Pending orders should be set up lot size step by step
Example
(15,000$)
Open order 0.1 lot
Buy lim 1 0.15 lot
Buy lim 2 0.20 lot
Buy lim 3 0.25 lot
Buy lim 4 0.30 lot
Buy lim 5 0. 40 lot
Buy lim 6 (last order) = 0.1+0.15+0.2+0.25+0.3 = 1.1 lot
Example
(3,000$)
Open order 0.04 lot
Buy lim 1 0.05 lot
Buy lim 2 0.06 lot
Buy lim 3 0.07 lot
Buy lim 4 0.08 lot
Buy lim 5 0.10 lot
Buy lim 6 (last order) = 0.04+0.05+0.06+0.07+0.08 +0.1 = 0.4 lot
!!When any pending orders are open and the profits are covered by loss it is up to your decision.!!
USDJPY Movement for the weekLast Friday showed the struggles between buyers and sellers with almost full bodied candles negating each others movement on a supply zone.
As we can see on the chart, price currently struggled to get above the supply/resistance zone but it wasn't successful, and with the last 3 red candles we saw on Friday, I am of the opinion the BEARS are back.
I won't say for sure until I see price cross and close below the purple 50 EMA which would make our first target 130.79.
Feel free to comment. Please like and follow for more updates
USDJPY Daily Short SetupBased on Daily chart, USDJPY is currently hovering around 38.2% of a downtrend retracement.
Yesterday's long-legged spinning top pattern with the rising wedge pattern added to the bearish opinion.
Strategy to short USDJPY with stops near 138.7 for at least 1:1 risk-reward ratio.
USDJPY Short RetracementHello everyone,
I hope everyone had an amazing week and trading week. The market has come to a close so I have performed some pre market analysis to prepare for next week. This past week UJ was very bullish and had some serious gains over and broke a daily resistance level at 132.555. Price then proceeded to go higher before hitting the next daily resistance zone at 133.606, where it began a strong bearish drop off. I will be looking for a retracement in the price area of 132.9-133 to enter for a sell once there is a rejection. If there is a rejection in the four hour candle after the retracement and you decide to enter the trade, we are looking for price to drop down into the 131.700 zone.
If you have any question or enjoy this analysis breakdown please like, share, and comment.
USDJPY 31 March 2023Analysis:
Bullish Flag possible continuation pattern
but on RSI we can see bearish Divergence
so this can reversal pattern (DOUBLE TOP).
So we can have two trade plans one bullish
and one bearish we will pick trades by the
help of BUY/SELL stop
Trade Plan (Bullish Setup/Bullish Flag)
Entry (Buy stop) 133.064
Stop loss 132.158
Target 1 133.970
Target 2 134.840
Trade Plan (Bearish Setup/Double Top)
Entry (Sell Stop) 132.158
Stop loss 133.064
Target 1 131.277
Target 2 130.357
NOTE: stoploss 2% or 5% risk of the capital.
Adjust your lot sizes according to your account
size
USDJPY H1Hello traders, USDJPY is setting up for a short term downside move, watch USDJPY in a mentioned yellow box and look there for a short position opportunity according to your own trading system or strategy.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck in trading.
USD/JPY Sell shortPrice has worked as I said. now I am looking for short entry's . personally I used divergence as a good confirmation. Price cloud revers by now from DM level but I am waiting because there is still no sign of divergence .if price go up and make Bearish divergence at red zone or white zone that will be my confirmation for short ..wait and be patient .this is my personal view about this pair .pleas do your own research before you trade and follow your trading rules. Kindly use stop lose for reduce your losses …if u like my analysis plz give me a boost and follow me through trading view.
USDJPY - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: Here we can see that price failed to create a new lower low and broke the last high so for the confirmation of bullish market structure I expect price to fill the imbalance lower and then to reject from bullish order block.
Fundamental analysis: On Thursday 30th of March we have news events on USD, will be released final GDP for first quarter of 2023. The forecast for GDP is to remain the same as per last quarter, which means we would not have such big moves in market, however we should look for the results in order to validate our analysis.
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USD JPY SHORT Risk 0.5%
TP1 = 1:3 RR
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USDJPY facing a support areaAfter the last signal in 10/03/2023 to start selling the pair of USDJPY, we will face in near future a historical support area around prices (127.63) and ( 126.55). In that case we should take care of our selling possession.
till now we do not have any indication that we will change our position. in case that will happened, the price mostly will need to reach (133.00) to change our idea about the trend direction.