Trend: Up Level: 153.655, 153.164, 153.064 Signal: Breakout Candle Closed Above Level 153.655
Wait For Price To Close Above 91.456 For A Long Trade Opportunity.
CHFJPY. Yen Pairs are showing strength. So I decided to enter short positions with a trailing stop loss.
See the charts below in how I entered on a retest of the diagonal trend line. In this process, I am trailing my stop loss.
GBPJPY EMA 10 EMA 20 and Horizontal Support Level. Price closed above three levels. The Trend is Up. Entry Price at Close Price. Entry at 156.637.
AUDJPY EMA 10 EMA 20 and Horizontal Support Level. Horizontal Support Level is at 85.647. Watch for long trade opportunities above 85.647.
Entry at Pin Bar Candlestick Close Price of 81.947. Entry near EMA 10 Close Price, Close Price, Support Level Price, and EMA 20 Close Price.
Experimenting with the Lower Time Frame using Trend Line Break, EMA 10, EMA 20, and Pin Bar.
NZDJPY. Wait for price to close above 77.244. After the candlestick closes above 77.244, wait for a price action signal. Look for a pin bar or rejection candlestick at 77.244.
AUDJPY. Price closed above 80.099. Entry at 80.145 on August 30th at 08:00. Two higher lows formed.
NZDJPY hit first Take Profit for the 8/25/2021 trade idea. Next wait for NZDJPY to make an extended move upwards. And wait to enter on a pull back to the EMA and horizontal support resistance level. I am anticipating another strong move next week.
AUDJPY hit first Take Profit for the 8/25/2021 trade idea. Next wait for AUDJPY to make an extended move upwards. And wait to enter on a pull back to the EMA and horizontal support resistance level. I am anticipating another strong move next week.
GBPJPY. Watch for an entry at 150.524 price level.
CHFJPY. Watch for an entry at 120.104 EMA 20 Level.
USDJPY. Wait for the breakout and pull back to trend line and exponential moving average for an entry.
NZDJPY. Watch EMA 20 Close Price Level 75.947 for an entry.