FX:USDJPY   U.S. Dollar / Japanese Yen
Hello and welcome to my Trade Idea of the currency pair USD/JPY .

Lets start with the Top Down Analysis.

Monthly: The movement is very bearish .

Weekly: On weekly we see it's bearish again.

Daily: We see a Trendline , and a Gravestone Doji at the H4 Resistance, turnt Support Key level.

H4: A huge gap was opened and we see if the very big RR has a chance.
Comment: Lets see if the M15 trendline can be broken.

First stop achieved. The market will retrace a little and then continue to fall to the lows.
I'll keep you updated.
Trade closed: stop reached: The NFP's were unfortunately against me today. It's hard to see because the Trade had real potential. But that's how it is in trading.
No worries, it will continue down to 105 very soon then 100. u were right, just no need for stop at news time. Best luck bud, good work, lets keep sharing ideas to benefit all.
+1 Reply
Bullandbeartrading Weekly_Forex_Forecast
@Weekly_Forex_Forecast, thanks bud!
Nice chart I also believe in the strength of the JPY. Check out my analysis of the USDJPY, I am pretty good at trading I'm 22 and make a living from it. I just like being right and learn from being wrong.

+1 Reply
@hiltonmow, ehm okay, thanks?
NICE CHART, Nice one, i hope the price action fall in love to the support level this week.
+1 Reply
@Ali-wave, I was hoping too, well.
Nice call
+1 Reply
@Skinwah, Thanks buddy
Nice setup. Keep it up.
+1 Reply
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