Keeks_

Keeks_

My take on UJ for the first quarter is for price to get to $117.50. Currently price seems to be making a 61.8$ retrace and showing signs to continue in the overall bullish trend. Price is also breaking structure on the H1. Once there is a clear break on the H1 then I will be bullish until given a reason not to be.

Keeks_

USDJPY short idea. Price retraced on the 4 Hour time frame to a 70.5% Fib level. Down on the 15M time frame. price made a head and shoulder pattern and also broke a support level. Taking into account the bearish momentum from yesterday's candle. I'm confident about this trade.

Keeks_

Just took this short position. Looking at the daily timeframe, I'm expecting a move lower to rebalance Thursday's candle or, go as low as 61.8% from the swing low from Thursday to the swing high from Friday.

Keeks_

USD/JPY (UJ) is currently within a monthly resistance. With the DXY making new highs, I'm looking for a bullish dollar for the rest of the month, in turn sending UJ higher as well. Technical wise. On the daily, price action (PA) is consolidating within the monthly resistance. Price made a retrace to the 50% fib level from the swing to low to swing high. It may be...