Hello Traders! On The Daily Time Frame, The AUDJPY Reached a Strong Support Level ! Currently, The Price Failed to Create new Lower Low 📉 Moreover, The Price Formed a Triple Bottom Pattern, The Neckline is Broken🔥 So, I Expect a Bullish Move📈 i'm waiting for a retest... ----------- TARGET: 94.950🎯 ___________ if you agreed with this IDEA, please leave a LIKE,...
USDJPY is on the third straight green 1D candle after a rebound on the 1D MA50 that has turned the 1D time-frame into healthy bullish levels (RSI = 60.603, MACD = 0.480, ADX = 30.898). This is technically a bullish continuation signal, with the 1D MACD after a Bullish Cross, resembling the bullish sequence of April. We are long, targeting the R3 level (TP =...
Here is my latest structure analysis for USDJPY. Horizontal Key Levels Resistance 1: 143.90 - 144.35 area Resistance 2: 144.80 - 144.05 area Support 1: 141.50 - 141.80 area Support 2: 137.25 - 138.05 area Vertical Key Levels Vertical Support 1: Rising trend line Consider these structures for pullback/breakout trading. ❤️Please, support my work with...
OANDA:USDJPY - Very interesting here when we zoom out on the 4H - If we anticipate price action to continue upwards, we have price at the 4H BreakerBlock, which is right above the 50% fib. - Then drilling down to the 15m, we're looking for a structural break to the upside for an entry - If price continues to head down, this will invalidate the 15m entry long -...
USDJPY managed to form a Bearish Gartley Harmonic Pattern in the 🟡 Price Reversal Zone(PRZ) 🟡. A confirmation sign of point D of the Bearish Gartley Harmonic Pattern can be a Bearish Engulfing Candlestick Pattern . 💡Also, we can see Regular Divergence(RD-) between two consecutive peaks. 🔔I expect USDJPY will FALL to the 🟢 support...
OANDA:USDJPY Will the unemployment economic numbers push UJ further down? or just another reason for the dollar to get back to its' bullish ways? Trade well
This pair has begun a bearish dive. We see the market has reversed long term by reacting to the Daily Supply Zone. From that point, it has continued to drop. Breakign down to smaller timeframes, we see the market is creating Demand zones on the 1 hour and on the 15 minutes. Price is currently on a bullish pullback into a 15 minute supply zone. Upon entry into...
OANDA:USDJPY Nice little short scalp here Sow day, Ill take it
OANDA:USDJPY Knowing your Liquidity TrendLines and Patterns should keep you safe somewhat Plot them on "your" charts.
USDJPY broke and closed above a key daily structure resistance. Taking into consideration, that the pair is trading in a bullish trend, that is an important bullish signal. The pair will most likely keep growing to the local highs around 144.75 ❤️Please, support my work with like, thank you!❤️
GBPJPY is rebounding after marginally breaking under the 1day MA50 for the first time in 4 months. This is a similar type of rebound as April 23rd 2021. That sequence traded inside an Ascending Triangle. Wait until the price hits the top and sell, targeting the Support at 177.000. Follow us, like the idea and leave a comment below!!
The BoJ, if anything, made it's "guidance" even murkier (as if that were anyway possible) with it's most recent policy announcements. E.g., let's just say that the Yen, currently residing just below the miner-frog's hind quarters, has a better chance to start working it's way higher than otherwise. Simultaneously, the Mexican Peso, having just completed a couple...
USDJPY is trading in a bullish trend. The price recently started a correctional movement and dropped to a major rising trend line. A big double bottom was formed on that. To buy the market with a confirmation, wait for a bullish breakout of its horizontal neckline. IF the market breaks and closes above 142.0 level, I will expect a bullish continuation at least...
I'm looking to buy again, I don't think we've seen the top, we're still miles off an ATH. With JPY still weak, Oil strong (which gives CAD strength), and a bullish engulfing candle on the 4hr (and a pinbar almost complete) I think we've had a 50% retracement of the last impulse and now back up. It would be great for this 4hr candle to close above the previous...
Hi Traders👋🏻 On The Daily Time Frame The CADJPY Price Reached A Resistance Level (107.400-107.812) and 61.8 fibonacci retracement level ! Currently, The Price Formed a Double Top Pattern📉 The Neckline is Broken🔥 So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET: 104.950🎯 ___________ if you agreed with this IDEA, please leave a LIKE,...
NZDJPY gave us last time (May 05) a very accurate buy signal that hit the target (see chart below) and even broke the 1 year Resistance Zone: The pattern that emerged is a Bullish Megaphone, whose latest Higher Low leg is supported by the 1D MA50 (blue trend-line), having closed all candles above it. As long as it holds, we remain buyers and target Resistance...