We could be looking at a top here. This pair has been consolidating since SEPTEMBER 23 and while the preceding trend is bullish (from that September 21 swing low), I am looking for a break lower.
Trend of the market on the daily is a down trend. Price had tested the major channel support level which coincides with the false breakout that happened previously. Currently, the market is at a cluster of resistance within the channel which was previously support for price. We're likely to see price reject or turn away from this current level of resistance or...
The USDJPY Cup/Handle pattern is developing nicely and now the handle is tightening up on the weekly chart, tho it's broken both up and down on the daily, the pattern still holds. If it breaks up, and is confirmed by a daily close above local swing high, this could be a massive move up on a fifth wave.
Hi Traders, here is my analysis for this pair. I'll be expecting a small correction in the market before the rally to the upside with possible bullish momentum entering the market. Like and Comment your thoughts . All feedbacks are welcomed. An entry will be taken only if all rules of my strategy are satisfied. Add this pair to your watchlist and see if the...
Mobile here today sorry. Can’t do a detailed post. Dxy looks a great long here though on hourly divergence, fake break of the double bottom
There is a potential long entry (scalp) in USDJPY via the 15min Chart (lines highlighted). The break above the neckline (reversed H&S) may suggest some gains are due for USDJPY. It may also support our prior entry in EURUSD that was recently published. The potential target is 107.35, the support at 107.25.
I am looking for sell if we get some rejection in this region. Stop loss 12 to 20 pips. 20 pip first tp 50 second tp. Might happen during asia session.
Key Trading Plan: i) SHORT to its support level of 92.5 and even lower to 91.2 ii) LONG if the price breaks the resistance level of 94.4 to the Take Profit Target level at 95.4
Long Opportunity July 7th - 2020 - New York Session Here after review on the higher time frames I have found reason to anticipate a bullish day for the USDJPY currency pair today July 7th, 2020. Going into the New York Session I have found a demand/support zone along with price action indicating a significant rally approaching from the 107.500 level. My target...
Sell setup has been formed,also trendine crossed and bear flag formed.
BUY STOP AT 107.434 SL: 107.309 TP: 107.684 12.5 pip SL and 25 PIP TP for a 1:2 RISK TO REWARD. Manage RISK to your level. Check out my YouTube at NOEFXX.
SELL STOP AT 107.097 SL: 107.246 TP: 106.847 12.5 pip SL and 25 PIP TP for a 1:2 RISK TO REWARD. Manage RISK to your level. Check out my YouTube at NOEFXX.
I am looking for BREAK of Support. Expecting it to continue BEARISH.SELL STOP AT 106.374 and SL: 106.499 and TP: 106.124. 12.5 pip SL and 25 PIP TP for a 1:2 RISK TO REWARD. Manage RISK to your level. Check out my YouTube at NOEFXX.
Looking for break of most recent RESISTANCE. BUY STOP AT 107.101 SL:106.976 TP: 107.351. 25 pip TP and 12.5 pip SL for a 1:2RR. Manage RISK to your level. Check out my YouTube at PAPICHULONOE.
Waiting for break out range.I am looking for a break above 107.500 area. I will be looking for a break and retest. I have a BUY STOP in place at 107.622. 12.5 PIP STOP 25 PIP TP Check out my YOUTUBE PAPICHULONOE. Feedback would be appreciated.