oh wow a SELL ON USDJPY!! :OLooks like a bearish flag is printing at the moment. Looking for a break and retest of the counter-trendline on the lower 30min timeframe for entry. Also making lower highs.
Usdjpysignal
USDJPY BUY ON DIPS!!!we are buying from a horizontal support with a small risk and rewards
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USD/JPY | Trading withing TriangleUSD/JPY has been trading within a Symmetrical Triangle chart pattern.
If the direction of the breakout is higher or lower
Key Support Levels: 106.415, 106.88, 107.678
Key Support Levels: 105.173, 105.30, 104.144
#JustTradeFxOnline
Possible Long Move:
Entry: 105.45
Target: 106.70
Stop: 105.0
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USDJPY signal (SHORT)Hello friends.
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Everything on the chart.
open pos: on pullback or on breaking a local trend line
targets: 105.7 - 105.2
after first target reached move ur stop to breakeven
stop: 106.3,better 106.6 (depending of ur risk). ALWAYS follow ur RM .
risk/reward almost 1 to 3
Good luck
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Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Open to your questions or suggestions(PM to me).
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 retracing to continue the SELL This pair is on my watch list for this week as, I will be waiting for the complete retracement of the last week swing down. and I will be joining the sell from the potential reversal zones as marked on the chart,,,
USDJPY | MY PERSPECTIVE FOR THE WEEKWith over 100pips in our direction since my last publication (see link below for reference purposes); we continue to experience an appreciation in favor of the Yen as the Greenback resumes her decline late into the Asian session of Friday as traders absorb the implications of the Fed's policy shift; herby extending its slide to touch its lowest level since mid-August 2020.
Tendency: Downtrend ( Bearish )
Structure: Trendline | Supply & Demand
Observation: i. Price action continues to respect Day chart Bearish Trendline since February 2020 as market closed on Friday with a significant Bearish engulfing candle.
ii. Breakdown of Support @ 105.500 coincidings with Breakdown of Bullish Trendline reveals the strength of Sellers in the market at this juncture as I anticipate a further Breakdown of structure @ 105.000.
iii. It is advisable to look out for correction in anticipation of a decline in the coming week(s).
Trading plan: SELL confirmation with a minimum potential profit of 200 pips.
Risk/Reward: 1:3
Potential Duration: 3 to 10 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
NirvanaForex
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, 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, 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.
USDJPY local signal (SHORT)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market
targets: 105.72 - 105.5 - 105.15
after first target reached move ur stop to breakeven
stop: 106.36 (depending of ur risk). ALWAYS follow ur RM .
risk/reward almost 1 to 3
Good luck
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Open to your questions or suggestions(PM to me).
usdjpy elliot wave count update The corrective structure forming on the usdjpy chart as shown above is a triple three correction.
I expect market to complete another zigzag move down to complete the last leg of (W-X-Y-X-Z) correction.
USDJPY SELL OPPORTUNITYIt seems like it's time to go up for USDJPY,... The price lays on strong support level.
...Take it into the consideration anything can be possible to happen, if it breaks down the support level this idea would be failed.
You never quite know where the next big wave or gust of wind is coming from, but you know it is out there.
USDJPY Elliot Wave Short Trade IdeaHappy new week traders!
In the USDJPY 4 hourly chart above, price broke out of a triangle pattern and made a five-wave impulse decline in wave (a).
A three-wave corrective move that unfolded has a zigzag pattern follows the sell-off in wave (b).
According to Elliot Wave theory, once a 5-3 wave cycle is completed, the price resumes in the direction of the impulse wave.
In USDJPY case, if this count is correct we should see a massive decline that will take the low of wave (a) in the days ahead.
- Invalidation level is the red line on the chart
- Entry is the green line which has been triggered
Alternative Count: 1-2, (I)-(ii).
Good luck on the chart!
Veejahbee
USDJPY Daily chart analysis, downtrend may resume again.USDJPY did a nice rally after dropping to 104 levels couple of weeks ago. But, now, it looks like the rally is slowing down.
USDJPY has been rejected at the 100D EMA level.
If the price can't break the highlighted area in the chart and stays below the 100D EMA, then it is likely that the downtrend will resume again.
USDJPY can drop to 104 and even 101 in the next 7-8 weeks.
Look for Short entry on USDJPYMaybe it will create be create an Head and Shoulder pattern!
Keep eyes on it.
USDJPY still heading UP to 108.000 Usdjpy is currently in the wave 3 as predicted since last week friday since the pair started the bullish rally.
we target minimum of 108.00
