USDJPY breakdown retesting the breakout resistance( short)USDJPY was in uptrend and recently the support broke price is now retesting the support which its resistance now.
USDJPY_SPT trade ideas
USDJPY short on daily chartStop Loss = 152.065
Entry Order = 149.815
TP1 = 147.565
Two positions with the same stop loss and x1 target for the first position
The stop loss of the second position to breakeven when the first position hits the target1.
The second position has no target, only exit
Risk = 2% of account capital (1% each position)
usdjpy road mapWeakly time frame we are in side way now, 90% of my trades was short this month, it is simple and clear.
USDJPY-LONGusdjpy has been on a bullish uptrend over the last few days. From a technical standpoint, no market structure has been changed yet for uptrend. On the daily however, downtrend has changed, LH has been broken and Higher high is in the process of being made. price has been respecting my upward channel and im looking for buys with a TP near my -27 area. Will wait for fundamental news to align with my technical for sure but im bullish on UJ.
Trade Setup: USD/JPY Long PositionI have entered a long position on USD/JPY following a confirmed breakout and close above the descending trendline on the 1-hour timeframe. The breakout signals a potential shift in momentum, with price now reclaiming key levels.
Entry: 149.20 (Breakout confirmation)
Stop Loss: 148.70 (Below recent structure support)
Risk Management Level: 149.00 (Adjusting SL if price moves favorably)
Target Levels:
TP1: 149.62 - Moving SL to BE at this point to manage risk
TP2: 150.12
TP3: 150.93
Trade Rationale:
Price has broken and closed above a well-defined descending trendline, signaling a potential bullish reversal.
The recent bullish candles show momentum, suggesting buyers are stepping in.
Risk is managed with a stop below recent lows, allowing room for volatility while protecting capital.
Targets are aligned with key resistance levels where price may react.
USD/JPY Nears 200-dma Re-Test After 150 DefenseUSD/JPY has continued to snag bears with several bear traps so far this year. While there was a series of lower-lows in the first part of March, as the USD was plummeting against most major currencies, USD/JPY has turned around over the past three weeks, and is now nearing a re-test of the 200-day moving average.
The 150.77 Fibonacci level held the highs on Monday, Tuesday and Wednesday of this week, and that now becomes a spot of higher-low support potential for pullback scenarios. For next resistance, the 151.51 Fibonacci level is nearing confluence with the 200-day moving average, and the 151.95 level remains important. If bulls can stretch the move, that seems a logical area to look for a pause in the trend. - js
JPY/USD 4H Chart Analysis – Head & Shoulders Breakdown & BearishThis detailed technical analysis covers a Head & Shoulders pattern formation on the 4-hour chart of JPY/USD, highlighting a potential bearish reversal setup. The pattern suggests a shift from an uptrend to a downtrend, supported by a trendline breakdown and key resistance & support levels.
1️⃣ Understanding the Chart Pattern: Head & Shoulders (H&S)
📉 What is the Head & Shoulders Pattern?
The Head & Shoulders (H&S) is a classic bearish reversal pattern that appears after a prolonged uptrend, signaling a shift in market sentiment from bullish to bearish. It consists of three main parts:
Left Shoulder: A peak followed by a retracement.
Head: A higher peak, indicating the last strong bullish attempt.
Right Shoulder: A lower peak, failing to reach the height of the head, showing weakening momentum.
Neckline: A crucial support level that connects the lows of the shoulders. A confirmed break below this neckline is the trigger for a bearish continuation.
📊 Breakdown of the Pattern in This Chart
Left Shoulder (First Peak): The price made a high and then pulled back.
Head (Higher Peak): The market made another higher high but failed to sustain it, indicating exhaustion.
Right Shoulder (Lower Peak): A weaker attempt to push higher, but price failed to break previous highs, confirming the loss of bullish strength.
Neckline Breakout: The dotted trendline shows the ascending support that was eventually broken, confirming bearish momentum.
2️⃣ Key Technical Levels & Market Structure
Understanding the important levels in the market is crucial for setting up an effective trade.
🟧 Resistance Zone (Supply Area)
The resistance level, marked in a beige box, is located around 0.006800.
Price was rejected multiple times from this zone, confirming strong selling pressure.
The head of the pattern was formed in this region before a sharp drop.
🔵 Support Level (Neckline & Demand Area)
The neckline of the Head & Shoulders pattern was acting as support before being broken.
This level was tested multiple times before the final breakdown.
Once broken, it turned into a resistance level, meaning price may pull back to this area before continuing downward.
📉 Trendline Breakout (Bearish Confirmation)
A dashed trendline was previously supporting the uptrend but was broken, confirming the bearish shift in market structure.
This signals a trend reversal and a possible extended move lower.
3️⃣ Trading Strategy & Execution
A well-planned entry, stop loss, and take-profit strategy is essential for managing risk effectively.
📌 Entry Strategy (Short Setup)
Ideal Entry: Look for price to pull back to the neckline (previous support turned resistance).
Confirmation: Watch for bearish candlestick patterns such as:
Bearish engulfing
Pin bar rejection
Shooting star
Lower highs forming near the neckline
A rejection in this zone confirms seller dominance and a high-probability short setup.
📌 Stop Loss Placement
The Stop Loss is placed above the right shoulder at 0.006725.
This ensures protection from false breakouts or unexpected bullish moves.
📌 Profit Target Projection
Take-Profit Target: The projected move suggests a target at 0.006493.
This aligns with previous structural support, increasing its significance.
The measured move for Head & Shoulders suggests that price could fall further after confirmation.
Risk-Reward Ratio
The Risk (Stop Loss): Around 50 pips.
The Reward (Profit Target): Around 180 pips.
This results in a Risk-Reward Ratio of approximately 1:3, making it an attractive trade.
4️⃣ Market Sentiment & Expected Price Movement
📉 Bearish Scenario (Most Likely)
Price retests the neckline but fails to break above it.
Sellers step in, rejecting the resistance level, leading to further downside.
Price targets the next major support at 0.006493, completing the Head & Shoulders move.
📈 Bullish Scenario (Alternative)
If price reclaims the neckline and moves back above 0.006725, the pattern is invalidated.
This could lead to a bullish continuation back toward previous highs.
In this case, traders should cut losses early and avoid forcing a short trade.
5️⃣ Risk Management & Best Practices
1️⃣ Position Sizing:
Risk only 1-2% of your account per trade to maintain long-term profitability.
2️⃣ Confirmation Before Entry:
Wait for price to reject the neckline resistance before entering short.
Avoid entering too early without clear bearish signs.
3️⃣ Monitor News & Fundamentals:
Major economic events, interest rate decisions, or central bank announcements could impact JPY/USD price action.
🔎 Final Conclusion: Bearish Outlook on JPY/USD
The Head & Shoulders breakdown signals a trend reversal from bullish to bearish.
The neckline breakout confirms seller control over the market.
The best short entry is on a pullback to previous support (now resistance).
Target at 0.006493, with a Stop Loss at 0.006725 ensures controlled risk.
📢 Trading Bias: Bearish 📉
💡 Watch for a retest & rejection before entering short.
BUY USDJPYUSD/JPY has reached a key area of support and is showing signs of reversal on the 1h chart while also being oversold.
Bullish USDJPY Trade Idealooking for USDJPY to retest the daily open / intraday highs from this solid - low time frame - support level
USDJPY_2025-03-31Insane Trade Today.
Drawdown:3.8pips
TP: 81 Pips
To start the week, we have price reach and hover at a daily Luquidity Void.
From there, During London came a entry - Below Asia Low.
We would look to enter here being a bit bullish on the DLV.
To reinforce this buy idea, (if you didnt enter at asia low)
Price then broke a near high.
Retraces to the 15min Orderblock, then continued upward to TP at 81pips.
Potential Bearish Drop?USD/JPY is reacting off the pivot whichis a pullback resistance and could drop from this level to he downside.
Could the price reverse from here?USD/JPY is rising towards the resistance level which is a pullback resistance that lines up with the 71% Fibonacci retracement and could drop from this level to our take profit.
Entry: 150.40
Why we like it:
There is a pullback resistance level that lines up with the 71% Fibonacci retracement.
Stop loss: 150.89
Why we like it:
There is a pullback resistance that lines up with the 88.6% Fibonacci retracement.
Take profit: 149.62
Why we like it:
There is a pullback support level.
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USDJPY 31 MARCH 2025 Q2 W14 Y25 SHORT SET UPUSDJPY 31 MARCH 2025 Q2 W14 Y25 SHORT SET UP
Looking forward to this short play. In terms of the strategy, the price action is lining up beautifully for a high probability trade set up. Why? Lets dissect.
Weekly and daily 50 exponential moving average aligning proving the short confluences. Of late FRGNT have been taking high probability setups using the cushion that higher time frame moving averages continue to provide.
It of course does not suggest an immediate position is executed from the EMA. It is simply a confluence that we can hang out hat on a they say.
We are currently entering the daily order block created last Friday. We expect to see a bearish reaction but we are confident In waiting for our specific points of interest.
What are they?
aligned perfectly with the weekly and daily 50 ema, lies a 15' order block that is yet to me mitigated, this is our area to look for a short reaction.
The dilemma.
We enter a high probability area, do we await for a 15' break of structure after the bullish price action trailing into our area? Do we await and take a tap entry from the area? or finally do we await for a Lower time frame break of structure and if YES, How low do we go?
I think the first element to look into is how price arrives into the area. Will there be high impact news at the time of price entering into the level? it is always worth noting there it always reason to loose a position but our goal is limit just our exposure to that risk even in highly favoured positions.
What is the ideal set up for FRGNT? We hope to see clear trending price action into our level.
With clear higher highs and higher lows, we are able to see areas to be violated on the turn around and break and structure. Ideally we will await for a 1' turn turn around from the level. As a result of the setup being backed by the 50 weekly ad daily ema. We do expect to see a rollover in price and do not want to miss the set up but we must see a break of strcutre of some sort. There can be a lot of confidence taken from a 1 minute roll over. We will look for 1minute engulfing candle from the level. Await the imbalance fill and enter on a market execution.
What do you think?
Let's see how price comes to us .
FRGNT X
USDJPYbullish situation materializing after price bounced off from a daily logical element. Now I think price will continue pushing up from there. good luck
USD/JPY "The Ninja" Forex Bank Heist Plan (Day / Scalping Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
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Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the USD/JPY "The Ninja" Forex Bank . Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on!
however I advise to Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level.
Stop Loss 🛑:
Thief SL placed at the recent/swing low level Using the 1H timeframe (148.600) Day / scalping trade basis.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
🏴☠️Target 🎯: 152.400 (or) Escape Before the Target
🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
USD/JPY "The Ninja" Forex Bank Heist Plan (Day/Scalping Trade) is currently experiencing a bullishness,., driven by several key factors.
📰🗞️Get & Read the Fundamental, Macro, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets.. go ahead to check 👉👉👉🔗
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
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FRIDAY LAST BULL PUMP BEFORE DUMP NEXT WEEKThis will be my last trade for this week, i took buy 15m as you can see on the chart
have 3 target plan AS SEEN ON THE CHART
I dont think we will go any lower then here today
Any way let see
RR 1:15 if works out not bad trade
Holla
UsdJpy Trade IdeaIts been a minute! Gonna start this week off some potential UJ longs. Price flipped bullish last week while still maintaining bullish structures. I'm personally looking for price to continue pushing the upside as long as smaller time frames tap back into support (blue box) with structures flipping.
USDJPY is Testing 150 AgainLast week, USDJPY got rejected from the cup&handle's 150 resistance, then break the 149 support, fell sharply. The recovery is in process but the broken trendline is a major hinderance in front of USDJPY bulls. Now the trendline and 150 resistance converged and USDJPY is trying another attempt towards this key resistance. As long as it holds, there is a good chance another downward reaction to begin.
Hovewer, after testing it 5 times, if USDJPY regain control of 150, the short term outlook might turn bullish.
USDJPY I Weekly CLS, KL - Monthly OB, Model 2Hey Traders!!
Feel free to share your thoughts, charts, and questions in the comments below—I'm about fostering constructive, positive discussions!
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USDJPYUSDJPY is overall bullish on the higher timeframe we had an impulse leg to the upside previously we are currently at a possible low to buy from i am currently long to the upside to 160
USD/JPY AnalysisIn this video I am sharing the possible scenarios that could take place for the UJ pair.
Keeping in mind that tomorrow we have Tokyo CPI and PCE numbers in the US.
