The long zone starts at the 112.05 level. The potential targets can be the larger offer levels of Institutional Holders. These are the 112.40, 112.80 and the 113.20 levels. The short zone starts at the 111.40 level. In this case he potential targets can be the larger bid levels of Institutional Holders. These are the 111.10 and the 110.80 levels. If you like the...
USD/JPY breaks horizontal support and heads to trend line support
The long zone starts at the 113.30 level. The potential targets can be the larger offer levels of Institutional Holders. These are the 113.85, 114.26 and the 114.65 levels. The short zone starts at the 112.65 level. In this case he potential targets can be the larger bid levels of Institutional Holders. These are the 112.35, 112.02 and the 111.50 levels. Since the...
Hi all, About two weeks ago I was looking for a long position near the 116 on the USDJPY. Price managed to break through the support and hit my stoploss. However, I expect this support to turn into resistance now. The same entrypoint, but now to the downside. ----------------------------------- INFO ON THIS TRADE Entry: 115.85 Stoploss 117 Target...
pretty confident about this prediction. cuz USDJPY seems like having a recovery.
Blue box indicates the 1.272-0.786 confluence on the Fib retracement and extension.
Looking for a retest on the support level which will hence signal a bullish momentum . use proper risk management . Simplicity is key to success . keep it simple and you'll be winning at this game . thank you all . Much love and Blessings .
Looking for a retest on the support zone which will hence signal a bullish momentum trading off the channel . use proper risk management . trade safely . Thank you . Much love and blessings
The long zone starts at the 113.30 level. The potential targets can be the larger offer levels of Institutional Holders. These are the 113.65, 114.22 and the 114.75 levels. The short zone starts at the 112.35 level. In this case he potential targets can be the larger bid levels of Institutional Holders. These are the 111.90, 111.50 and the 111.06 levels. If you...
USDJPY at 114 levels is looking to hit back down around 112 zone, before another up-leg. It is currently developing Bullish Cypher Pattern as well Bear Crab Pattern Completed. Looking to see a good DIP from here to 112 levels..
Bullish cypher with double bottom on $USDJPY pair with a nice retracement on 31.8 fibonacci. A possible long to the 115 level.
USDJPY on daily timeframe has tested for second time dynamic support 111.30 from May-Dec 2013 daily trendline. 4-hour chart confirms support area with descending brown trendline. Expect rebound from the mentioned level up to 116. Intraday chart highlights short-term resistance levels marked with yellow lines: 112.45 and 113.20.