JPYX trade ideas
JPY INDEX 4hrs break and retest manipulation Expecting price to reverse or bounce off on getting to POI. Similar set up and CADJPY and GBPJPY, set ups incoming
JPYX LongThe corrective phase this market had while it was going down indicates that more long positions were being added and will eventually take over. But with the break to the upside, knowing that retail traders were also expecting to buy in this area, commercial traders had to change the direction in which retail traders think of excecuting (in this case from buying to selling) and have themselves enter the long positions and be profitable.
JPY INDEX The jpy index has created a series of lower highs and lower lows which is a downtrend movement, so i am expecting the market to form a new lower high at the previous supply zone for more entries for sellers. If the jpy index is on a sell trend that means all jpy pairs should be on a buy trade. i am nit a market maker, just an analyst to my own knowledge.
JPYX analysis Hello everyone, I want share my idea on JPYX. Last 2 month we see JPYX strong and clear down trend which is continue down, We had a little Fake Out of 804.5 LVL but its actually gave ne good low, seller became active again and price came down which brake again support LVL. Here what I am only looking is retest on this FVG (Fair Value Gap) and then I will open short position on lower timeframe, we have 2 big 1W resistance which is on 789 and second is 781.
JPYX Analyst Hello everyone, I want share my idea about JPYX.
JPYX is in strong bear trend but this week it stop moving down and start consolidating, but its still in down trend, its stopped little time, but at the moment its stay on support LVL, which in my opinion its weak for catch price on that LVL.
On chart I am showing you the 2 possible scene what possible will happen, but for me first scene which arrow is down is more possible, I am waiting for brake that support and after retest I will short that index, but we need to be careful, because on 782 we have weekly support which is last year low.
After touch to weekly support then we can think long not only this coin, all JPY Forex pairs.
Be patient and you will be successful.
JPY INDEX ELLIOT BREAKDOWN Currently, we are at the last wave of the overall wave which is the wave 5. Expect rejections around 775.0 price level. baased on the previous candles that left a gap without filling, expect price to fill it in the future and that will be the target after breakout of the red trendline.
JPY index short viewThe JPY index could continue to lose ground. Potential first support at the 800.0 level, and we cannot rule out testing last year's low either
JPYXThis is my opinion with technical analysis
Please respect the following rules:
1- Risk management .
2. Have your own strategy.
JPY Index Breakdown, more room for dropJPYX has made very strong breakdown, and has huge potential for more downside. CADJPY is the best looking pair to buy for 400 to 500 pips.
Enjoy that trade.
JPYXThis is my opinion with technical analysis
Please respect the following rules:
1- Risk management .
2. Have your own strategy
Wyckoff Accumulation Schematic 1Possible Wyckoff Accumulation Schematic 1 spotted on weekly time frame.
Getting ready to go LONG on JPY - Looking at AJ, GJ & EJFundamentals and technicals pointing towards a strong Long on the JPY pairs
Currecny correlations between AUD/JPY, GBP/JPY, EUR/JPY & USD/JPY are all pointing to a reversal soon which further increases the probability of JPY strength and the short to medium term.
Let me know your thoughts.
JPY INDEX - Future of xxxJPY **READ**JPYX is currently selling off BUT now we are getting ready for the CORRECTIVE PHASE.
HOW TO POSITION YOURSELF
Wait for JPYX to hits the ZONE below then SHORT xxxJPY (Preferably - CADJPY, CHFJPY, AUDJPY)
INVALIDATION
If by any chance JPYX refuse to bounce at the ZONE below and stretch all the way down to the PMthLK EXIT all JPY trades.
TARGETS
We are targeting BL (Baseline) on D1
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
JPY Long Ideaso we can see that JPY has hit the major support area at 835 and starting to bounce before CPI.
we should be cautious here for taking longs but over fundamental situation dictates that JPY is starting its rise.
SL below -828
tp - 856
entry 835-832
it is continuation of over all flight to safety .... gold then USD and then JPY as risk off safe heavens .
best of luck
JPYX Correction ENDING soon. **READ**JPY INDEX correction is coming to an end and how does this helps us make good money? JPYX goes DOWN, xxxJPY goes UP like fire! Direction is currently BEARISH
(Reason - PA, BB, EMA CLOUD, ICHI,DIV anticipation)
// ENTRY for xxxJPY //
When JPYX reaches those zones, take a LONG on xxxJPY (CADJPY, CHFJPY, AUDJPY, NZDJPY preferably) and also there's a room for scaling here.
// INVALIDATION //
IF JPYX close ABOVE PWH then we need to hedge out and roll out the position (Learn this in the channel).
TARGETS - We will exit our xxxJPY trades when JPYX hits 200EMA on H4
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
Is JPY ready to plummetWe saw JPYX go up in a rising channel and topped at 866 then reversed, which is usually a reversal sign after a sustained move to the upside.
Market then traded and broke out of the channel as well as the 851 key support, which confirmed that sellers had stepped in.
We then traded below and broke 840 and retested it as resistance.
With the weekly timeframe having a double top around 863, coupled with negative divergence, could we see a continuation leg down on JPYX to revisit the lows at 825.
JPX index under pressureThe JPY index is on a big test with current resistance at the 50.0% Fibonacci level and the upper trend line. For now, both options are open.
JPYX inverted head and shoulder ( weekly analysis)I am long bias on JPYX for now due to the chart pattern.
Even so, add this to your idea. Trade only after the market gives confirmation in the lower timeframe.
Have a profitable day everyone!
JPYX BullishAfter a long period of falling yen value from 2022, Japan could solve economics problems
Reject from support area and a pullback to EMA20 and reject from it
Ready for fly to resistance area
Strong bullish momentum in JPYX
JPYX INC BULL SWINGJapanese Yen is nearing a crucial point of FIBO level 61
This level can be see as a pivot point for price action many times over and over again
The yen fundamentally is in a 20+ Year run of Qualatative easing and negative interests rates
The new BoJ Ueda seems very reluctant to use any type of terminology that leads one to believe that a swift change is on the horizon
However the tides are still shifting for the YEN and the consensus of a great majority of economists in the region is that its not a matter of IF QE will stop, its just a matter of WHEN
Assuming our critical fibo level holds as support for the WEEKLY uptrend, then we should see the DAILY/H4 trend turn from BEAR to BULL at these levels
Our targets are painted by the Fibo Extension of the potential support levels
JPX Bullish Plays Kicking IN!We have now test a previous schematic with this last bear run. We are now undergoing another accumulation schematic.
XXX/JPY pairs will have bearish cause and effect due to their correlations with JPX
