GBPJPY Make or break moment on the 1D MA100. Buy or sell?The GBPJPY pair has been trading within a 5-month Channel Up and yesterday hit exactly its bottom (Higher Lows trend-line). That is marginally above the 1D MA100 (green trend-line), which has been the market's Support since May 08.
As long as it holds, we expect the Channel Up to make another standard V-shaped rebound, similar to both previous ones, and target the Resistance level at 201.200.
A candle closing below the 1D MA100 though, would be a sell signal, targeting the 1D MA200 (orange trend-line) on the Support 1 level at 195.050.
The current price level at the bottom of the pattern offers low risk on a tight SL both in the event of a rebound and break-out to the downside.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
J-jpy
GBPJPY - 10,000pip Setup ALMOST Ready!In our last setup for GBPJPY, we identified a massive diagonal pattern, with price completing wave 4 and preparing for a multi-year drop into wave 5.
Since then, price has played out exactly as forecasted - we've seen a clean impulse lower for wave 1, followed by an ABC correction for wave 2, which is almost complete.
The Correction:
The correction is made out of 3 major waves = ABC. Wave C appears to be an ending diagonal, which is typically a reversal pattern consisting of 5 waves in the form of an ascending wedge.
We expect to see one final move higher, reaching the 78.6 fibonacci, thus completing the 5 waves of the ending diagonal.
Trade idea:
- Watch for wave 5 of the diagonal to develop
- Once we reach the fib, look for a trendline that we can use for entry
- once entered, stops above the breakout highs
- Targets: TP1: 192, TP2: 180, TP3: 175
- Final Target: Trail for extended move toward wave (3) lows (could be 10,000+ pips over long term)
This sets the stage for the next major leg - wave 3 of 5 - which historically carries the most power and momentum.
What do you guys think? Goodluck and as always, trade safe!
Bearish reversal off 38.2% Fibonacci resistance?EUR/JPY is reacting off the pivot, which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse to the 1st support.
Pivot: 173.26
1st Support: 171.97
1st Resistance: 174.11
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
AUD/JPY - Bearish Rejection from Key Zone📉 AUD/JPY Analysis 📉
Price is currently testing a key structure level after rejecting the upper zone. If bearish pressure continues, we could see a potential drop toward the highlighted Key Zones below. 🚨
🔑 Key Levels:
Resistance Zone: 96.10 – 96.30
Support Zones: 97.40 / 97.25
⚠️ Watch how price reacts around the resistance zone. A strong rejection could confirm the move toward the downside targets.
💬 Share your thoughts below – Do you expect AUD/JPY to continue bearish momentum or bounce back up?
#AUDJPY #ForexTrading #PriceAction #TechnicalAnalysis #FX #TradingView #ForexCommunity #ChartAnalysis #BearishSetup
✅ If you found this useful, don’t forget to LIKE 👍, COMMENT 💬, and FOLLOW 🔔 for more analysis!
📌 Disclaimer:
This analysis is for educational purposes only and not financial advice. Please do your own research before making any trading decisions.
Bearish reversal off pullback resistance?GBP/JPY is rising towards the pivot, which acts as a pullback resistance, and could drop to the first support.
Pivot: 198.91
1st Support: 196.94
1st Resistance: 199.71
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GBPJPY H1 | Heading Into Key Resistance LevelGBP/JPY is rising towards the sell entry, which is an overlap resistance that is slightly below the 50% Fibonacci retracement and could drop from this level to the downside.
Sell entry is at 199.09, which is an overlap resistance that is slightly below the 50% Fibonacci retracement.
Stop loss is at 199.72, whichis an overlap resistance.
Take profit is at 198.10, which is a pullback support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
NZDJPY to find sellers at market price?NZDJPY - 24h expiry
Our short term bias remains negative.
The lack of interest is a concern for bulls.
There is no clear indication that the downward move is coming to an end.
Offers ample risk/reward to sell at the market.
20 1hour EMA is at 85.57.
We look to Sell at 85.55 (stop at 85.88)
Our profit targets will be 84.55 and 84.35
Resistance: 85.85 / 86.13 / 86.48
Support: 85.38 / 85.00 / 84.50
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Heading into 61.8% Fibonacci resistanceAUD/JPY is rising towards the pivot which has been identified as a pullback resistance that lines up with the 61.8% Fibonacci retracement and could reverse to the 1st support ,which is an overlap support.
Pivot: 97.67
1st Support: 96.68
1st Resistance: 98.30
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
USDJPY H4 | Momentum Turning BearishUSD/JPY is rising towards the sell entry which is an overlap resistance that lines up with the 38.2% Fibonacci retracement and could reverse from this level to the downside.
Sell entry is at 147.84, whichis an overlap resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss is at 148.78, which s a pullback resistance that is slightly above the 61.8% Fibonacci retracement.
Take profit is at 146.22, which is a multi swing low support that aligns with the 145% Fibonacci extension.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com/uk ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com/eu ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com/en ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
#030: Long Investment Opportunity on CHF/JPY
I'm monitoring CHF/JPY for a potential long entry with a Buy Limit at 184,800, with a stop loss at 184,100 and a take profit at 186,200. Hello, I'm Forex Trader Andrea Russo, an independent trader and prop trader with $200,000 in capital under management. Thank you in advance for your time.
The trade is based on technical-behavioral analysis, with particular attention to:
price structure,
sentiment dynamics,
and price behavior in key zones.
🔍 Why 184,800?
This area has acted as a dynamic and technical support zone in the past. After a decline from local highs, the price began to build a base in the 184,300–185,000 range, signaling potential absorption by stronger buyers.
Placing a buy limit at 184,800 allows traders to enter on a potential institutional reaction without chasing the price. If the market retests this area, we could see a reversal pattern and a rebound toward the highs.
USD/JPY(20251003)Today's AnalysisMarket News:
Due to the US government shutdown, the release of US unemployment claims, factory orders, and durable goods orders for the week ending September 27th was delayed. However, US media reported that the Bureau of Labor Statistics may be ready for release of the September non-farm payroll data, and Senator Elizabeth Warren called on the government to release the data "as scheduled" on Friday.
Technical Analysis:
Today's Buy/Sell Levels:
147.11
Support and Resistance Levels:
148.02
147.68
147.46
146.76
146.54
146.20
Trading Strategy:
On a breakout above 147.46, consider a buy entry, with the first target price being 147.68.
On a breakout below 147.11, consider a sell entry, with the first target price being 146.76.
Bearish drop off?AUD/JPY has rejected off the resistance level, which is an overlap resistance and could potentially drop from this level to our take profit.
Entry: 97.26
Why we like it:
There is an overlap resistance level.
Stop loss: 98.26
Why we like it:
There is a swing high resistance level.
Take profit: 96.13
Why we like it:
There is a pullback support that is slightly above the 61.8% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDJPY Testing 147.800 as US Govt Shutdown Pressures DollarHey Traders, in today’s trading session we are monitoring USDJPY for a potential selling opportunity around the 147.800 zone. USDJPY is trading in a downtrend and currently in a correction phase, with price approaching this key support/resistance level.
Structure: Market bias remains bearish after the recent trend shift, and the current pullback could set up continuation lower.
Key level in focus: 147.800 — acting as resistance within the correction.
Fundamentals: The US Government has officially entered a shutdown, a development that historically weighs on the US Dollar. This event adds to bearish USD pressure and could further favor downside in USDJPY.
Trade safe,
Joe.
USDJPY - Range Floor + Trend Support = ConfluenceUSDJPY remains overall bullish within a rising channel, while price has been ranging between a lower demand band and the upper supply.
We’re now dipping into the 146.0–146.7 support area, which aligns with the channel’s lower boundary — a classic confluence zone to hunt for longs.
🔑 Key levels
Support: 146.0–146.7 (range floor + channel support)
Resistance: 149.8–151.0 (range top / supply)
📊 Scenarios
Bullish 📈 Look for a higher-low / bullish candle from 146s → path toward 149.8–151.0.
Bearish 📉 Daily close below 146.0 would invalidate the setup and open a deeper pullback before buyers try again.
Do you buy the retest into the 146s, or wait for momentum to kick in first? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
GBPJPY H4 | Bulish Reversal Off 61.8% Fibonacci SupportGBP/JPY is falling towards the buy entry, which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to the take profit.
Buy entry is at 197.49, which is a pullback support that aligns with the 61.8% Fibonacci retracement.
Stop loss is at 196.37, which is a pullback support that lines up with the 78.6% Fibonacci retracement.
Take profit is at 199.27, which is a pullback resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USDJPY H4 | Bearish DropUSD/JPY is reacting off the sell entry, which is a pullback resistance and could drop from this level to the downside.
Sell entry is at 147.56, which is a pullback resistance.
Stop loss is at 148.36, which is a pullback resistance.
Take rpofit is at 146.22, which is a multi swing low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Potential bearish drop?USD/JPY has rejected off the pivot, which is a [pullback resistance and could drop to the 1st support.
Pivot: 148.05
1st Support: 146
1st Resistance: 149.84
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Strategic Buy Zones on My USDJPY 4H Analysis | Trader Tilki📊 USDJPY 4H Analysis: Buy Setup
Hello Guys,
Here’s my 4-hour USDJPY analysis for you.
These are the exact buy levels I’ll be watching:
🔵 1st BUY level: 147.018
🔵 2nd BUY level: 146.347
🔴 Stop level: 145.509 (or adjust based on your own margin)
🟢 Target level: 150.019
Risk-to-reward ratio on this setup: 2.02
If USDJPY reaches these levels, I’ll definitely take a buy position.
Every like is my biggest motivation to keep sharing these analyses.
Thanks to everyone supporting me!
Bearish reversal off 38.2% Fibonacci resistance?USD/JPY is rising towards the resistance level, which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 148.58
Why we like it:
There is a pullback resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss: 149.83
Why we like it:
There is a swing high resistance level.
Take profit: 147.04
Why we like it:
There is a pullback support that lines up with the 61.8% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDJPY - 2000pip Reversal Incoming!USDJPY is setting up for a 2000pip impulse!
We've seen a bearish impulse at the start of this year and since then we've been in a correction. We are expecting another impulse very soon, rivalling the first one!
Trade Idea:
- Watch for price to move into our reversal zone
- once there, look for trendline break, BOS or other reversal signs
- Take profit: 140 (1500pips), 135 (2000pips)
Short Term Buys:
In the meantime, we can look to trade the move up into the sell zone. Expecting a bounce off the fibonacci. Invalidation level is 145.4. A break below that level will invalidation this short term buys.
See below for the short term buys.
USDJPY 12H
Goodluck and as always, trade safe!
AUDJPY — Buy the Retest?AUDJPY remains overall bullish inside a rising channel. Price is hovering above a 96.0–96.5 support zone, which previously acted as resistance and now aligns with the channel’s lower boundary, a solid confluence area.
🔑 Key levels
Support: 96.0–96.5 (zone to watch for bullish rejection)
Resistance: 98.5 then 100.0 (round number / channel upper band)
📊 Scenarios
Bullish 📈 If price retests 96.0–96.5 and prints confirmation (higher low / bullish candle), I’ll look for longs toward 98.5 → 100.0.
Bearish 📉 A daily close below 96.0 would invalidate the setup and open room toward the next liquidity pocket near the channel low.
What’s your plan here => wait for the retest into 96s, or trade the continuation if momentum kicks in first? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr