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Bearish drop?AUD/JPY is rising towards the resistance level which is a pullback resistance and could drop from this level to our take profit. Entry: 98.64 Why we like it: There is a pullback resistance level. Stop loss: 99.83 Why we like it: There is a pullback resistance level that aligns with the 161.8% Fibonacci extension. Take profit: 97.18 Why we like it: There is a pullback support level that aligns with the 50% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
USDJPY: HTF DT ANALYSIS (1D)HIGH TIMEFRAME DOWNTREND ANALYSIS TECHNICAL ANALYSIS Resistance: 161.03 (Major Resistance, distal) 158.33 (Major Resistance, proximal) These levels are aligned with previous rejection zones. 157.8650 (Sell Stoploss Zones) Support: 147.7718 (Strong pivot level from historical lows). 144.8898 and 144.1802 (Mid pivot and buy orders zone). Pivot Zones: 153.4900 (Sell limit identified) 149.7555 (Mid Pivot TP 2 target). Trend: The pair is in a downtrend as highlighted on the chart, with key resistance zones being tested. Pivot Highs and Lows: Pivot highs are aligning with bearish divergences, as seen in areas of DT (Double Top) confirmations. Pivot lows signal potential reversals near support levels, supported by UT (Upward Trend) signals. Volume and Risk Metrics: Volume around Resistance 158 shows diminishing upward momentum, increasing the likelihood of rejection. Risk Index: 0.01853 indicates manageable risk levels for short trades. Reward Index: -0.01521 signifies opportunities for improved reward setups on lower timeframes. PROBABILITY ASSESSMENT Bearish Scenario: Rejection from the 153-158 range offers significant downside probability toward 147.77 and 144.18. Bullish Recovery: A confirmed breakout above 158.04 with strong volume could invalidate the bearish outlook, targeting 160.00. FUNDAMENTAL ANALYSIS Macroeconomic Context: The Bank of Japan (BoJ) has maintained ultra-loose monetary policies, which contrasts with the U.S. Federal Reserve's higher interest rate stance. This divergence favors dollar strength. However, seasonal tendencies show that December often has corrective movements due to year-end profit-taking and reduced trading liquidity. Economic Data: Upcoming U.S. GDP and BoJ Monetary Policy Minutes could catalyze volatility. Watch for geopolitical developments impacting the Yen as a safe-haven currency. Market Sentiment: Investor sentiment is cautious. With the chart showing multiple sell zones and exhaustion signals Traders may wait for confirmation before heavy entries. TRADE RECOMMENDATIONS High-Risk Opportunities: Sell Entry: Stop Loss: Above 158.0416 157.06 (Sell Limit Order) 155.44 (Sell Stop Order 1) 153.49 (Sell Stop Order 2) Target: 147.84 (Major Support) Buy Entry: Entry: Near 144.1802 Stop Loss: Below 141.64
Short
by ProfessorCEWard
Bearish reversal?EUR/JPY is rising towards the resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci projection and also slightly below the 88% Fibonacci retracement and could reverse from this level to our take profit. Entry: 164.96 Why we like it: There is an overlap resistance levle that lines up with the 61.8% Fibonacci projection. Stop loss: 166.65 Why we like it: There is a pullback resistance level. Take profit: 162.65 Why we like it: There is an overlap support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
USDJPY BUY | Idea Trading AnalysisUSDJPY is moving in an UP trend channel. The chart broke through the dynamic Resistance line, which now acts as support. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity USDJPY I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Long
by TheGrove
1
GBP/JPY 15-Minute Chart: Bullish Setup with Key Liquidity ZonesHere’s a write-up for the analysis: --- GBP/JPY 15-Minute Chart Analysis (Dec 23, 2024) This chart captures the current price action of GBP/JPY on the 15-minute timeframe, showcasing key structural points and potential trade opportunities. Market Structure A clear Change of Character (CHoCH) was identified at multiple points, marking shifts in the market sentiment. These CHoCH points are crucial as they signal transitions between bullish and bearish trends. A Break of Structure (BoS) occurred earlier, confirming bearish intent, but the market later shifted to a more bullish structure. Liquidity & Price Action The presence of a significant sell-side liquidity sweep ($$$) indicates that the market aimed to grab liquidity below a recent low before pushing higher. After the liquidity grab, the market started forming higher lows, supported by a clear ascending trendline, signaling bullish pressure building up. Key Levels The Take Profit 1 (TP1) level is set at 197.631, just below a notable resistance zone. This aligns with the projected upward momentum. Support is seen around 196.738, which coincides with the last higher low before the bullish continuation. A breach of this level could invalidate the bullish bias. Current Outlook The market is currently trading around 196.954, showing signs of a potential continuation to the upside. The ascending trendline provides additional confluence for the bullish bias. The ultimate target remains TP1 at 197.631, while the stop loss is carefully placed below the recent support at 196.738 to manage risk effectively. Conclusion This setup presents a calculated opportunity to ride the bullish momentum. However, as always, proper risk management and monitoring for any invalidations are crucial for trading success. ---
Long
by israelharrison010
Possible scenario for EURCHFlet's first talk about the white trendline which has been intact since May 2024 but now it has been broken and after the price came back this time trendline acted as support and gave a decent bounce. If it sustains there the chances are that the price will touch the yellow trendline which is a strong resistance since 2021 and still intact. One more point is that the support level of 0.9025 has been tested twice since 2002. Using this analysis a nice buy setup can be found on 1Hr TF for higher RR
Long
by faisal-101
DeGRAM | GBPUSD trend line testingGBPUSD is in a descending channel between the trend lines. The chart still maintains the descending structure. The price has already reached the lower boundary of the channel and the dynamic support, which has already acted as a rebound point last time. MACD and RSI indicators on the 1H Timeframe indicate the formation of divergence. We expect a rise if GBPUSD can successfully hold the lower trendline. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
2
Alerts Are a Trader’s Best FriendStaring at charts all day doesn’t make you a better trader, it just makes your eyes tired and your nerves fried. That’s why I rely on alerts—signal lines at key levels in both directions. They’re like my personal assistants, letting me know when the market needs my attention, so I don’t have to babysit the screen. It gives me time to focus on other things—whether it’s hobbies, learning, or just relaxing—without the fear of missing a move. When an alert triggers, I calmly assess the situation, decide the next steps, or set more alerts and close the chart again. Save your energy for the moments that matter. Let the alerts do the waiting for you 🚨. Your eyes, nerves, and trading performance will thank you 😁.
Education
by The_Traders_Memoirs
Pending order short EURJPYThis is the holiday period with low liquidity, so more caution is essential. I am also being more cautious with an entry, here is what I propose: Risk - 50% of your normal. Entry - below the low of Fri candle (& below the resistance at 163.00). Stop - above the recent high. Target - above the next support at 155.80 If the stop gets hit before I get an entry, I will cancel the order. This is not a trade recommendation, merely my own analysis. If you decide to trade this, you should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!! It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
Short
by Trading_Vista