Usdjpyshortsetup
USDJPYPotential SELL re-entry at test of fib retracement levels + Breakout below rising wedge support ↘️.
Usd/Jpy JAPENESE YEN TYPE BEATLooking at a Supply / Demand That Hedge funds etc. use.
~Careful of big spikes at zone that chase stop losses (Spread SL farther than normal)
~Win / Loss Ratio is minimal of 1:5-6
~Patience is key.
~Emotionless trading.
~Already in a buy (riding up to Supply / Demand Zone)
Let's Make Money!
USDJPY Trade Plan: Sell on Breakout ConfirmationUSDJPY is making a series of 1-2, i-ii wave structure. This usually indicates a strong impulse move in wave (3) of 3.
Price also rejected a resistance level with two pin bars on the daily chart.
Expecting further decline on UJ once the price breach the green lines on the chart. The breach of the red line will invalidate this setup.
What's your thought on UJ? Kindly let me know in the comment.
Thank You.
Veejahbee.
USDJPY - H&S is still intactim still looking for sell in usdjpy with this chart pattern of H&S
If the right shoulder is confirm with a downwards move today
We should be good to trade this pair downwards even further IF neckline is broken
Thank you
Cheers and stay safe!
USDJPY Short- Ghartly
- T1/T2s traditional Targets. Trail the stop down if we can.
- Lots of support, turn resistance
USD/JPY SHOULDER HEAD SHOULDER ON 1HR (SHORT SET UP)TITLE/(DATE)- SELL USD/JPY
ASSET- FOREX
PLATFORM-MT4
ORDER TYPE- Sell limit
Time Frame-1hr
ENTRY PRICE 1- 105.980 ✅
ENTRY 2- 106.080 (pending)
STOP LOSS- 106.280 (30 PIPs)
TAKE PROFIT 1- 105.680(30 PIPS)
TAKE PROFIT 2- 105.380 (60 PIPS)
TAKE PROFIT 3- 105.080 (90 PIPS)
TAKE PROFIT 4- 104.780 (120 PIPS)
STATUS: active
usdjpy short ideadescending trendline. Some rejections. Possible double top. 1:1.7 RR trade. Looks nice with the last 1h bearish engulfing with wick above. Tasty.
USDJPY: Watch For Sell After CorrectionHi Traders,
UJ looks set for a big wave to the downside. Price just completed an ABC expanding flat in wave 2 and now we are looking for a wave 3 that could go all the way to 103.90. Use an appropriate stop loss, trade with caution and look to join short positions only when you get confirmation.
Regards
Wave Theorist
USD/JPY Possible Short Setup One on the H4 Four Hour ChartUSD/JPY Possible Short Setup One on the H4 Four Hour Chart
The daily chart is sideways but it does have some momentum downwards previously
The dollar index is overall downtrend but taking a pause right now. Lets see if this is a potential short setup.
USDJPY SELLCurrently on H1 Timeframe we can see rally-base-drop form. This form making supply zone. The price may go bearish until meet the demand zone. Moreover, on H4 we can see bearish candle engulfing. We may put sell order, which its stoploss slightly above the supply zone and put takeprofit on the demand zone. This is a good setup as small stoploss zone but big takeprofit zone.
USD/JPY, looks like the price will drop after Breakout of TrendUSD/JPY struggled to make a strong impulse to the upside and right now it looks like we will be reaching back towards 107.00 level.
USD/JPY, simple Short trade ideaAfter the breakout of the mirror level price is very aggressive and falls rapidly to the downside. Expect further bearish movement.
USD/JPY, Update on the pairThis was signal posted to our Vip Group yesterday and look at this now, both targets profits hit.
USD/JPY, Breakout of Key Level should move the price DownWe think, that there will be a bearish continuation, because:
- price is in a downtrend
- price broke the key level
- there was a fake breakout of this mirror level
- there were multiple rejections from the level
- it seems not realistic for the price to break above
Shorting opportunity with USDJPY Weekly charts indicate Bearish momentum as the primary trend
Daily charts show that USDJPY has been trading in a bearish triangle range for the past few weeks
4 hours charts shows this triangle pattern has been broken thus indicating continuation of the bearish momentum
Will be looking for a sell opportunity after a correction wave presents itself
SL: 107.300
TP: 103.600
RR: 7.02
Feedback on this analysis would be appreciated as it helps improve my trading as well as providing better analysis on this forum
Happy Trading
USD/JPY, great opportunity for Sellers USD/JPY broke the horizontal level of 107.00 and it looks like it will continue in its movement to the downside.
USD/JPY, Sell the pair only after Breakout of StructureUSD/JPY provides us with good opportunity to sell the pair. However, the price action still not totally bearish. If the rules of our strategy will be satisfied, we will definitely short the pair with our members for a potential continuation to the downside.
