USDJPY STILL GOING DOWN AFTER DXY BEING DOWN FOR TIME
CHFJPY after testing the daily resistance at 115.700 level, started a bearish leg. The price broke below the 4h support and now look for the test of the daily support at 114 area. When the price will break below the structure, we can set a nice short order according to Plancton's sttrategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
High probable buy setup with substantial reward. See chart.
USDJPY - Intraday - We look to Sell a break Daily pivot is at 104.00. Gains continue to attract sellers and follow through bearish momentum resulted in the market posting net losses for 6 successive days. We can see no technical reason for a change of trend. We look for losses to be extended today. Short term MACD is moving lower. Our profit targets will be...
TF: 15 min Looks like a short if price can hold under the broken trend line.
TF:4 Hr Price is getting resisted at the upper trend line, looks like a good sell
TF: 15 min Looks may want to continue down, I am keeping my eye on the break of the structure shown
Fine support at today's low with confirmations across Yen pairs
We're waiting to go long on USDJPY, yeap! We are expecting a weak, weak YEN! We are already in a solid profit on XAUUSD long, idea attached to this post. But, lets now focus only on the USDJPY forex pair. The view is the 4H chart, we have RSI coming in the over sold zone with price strongly heading to the 38.2% fib retracement and its all connected with a...
Good morning traders! We want to share how we carry out a complete top and bottom analysis to look for an opportunity to enter a trade. Step number one is to go to a high timeframe. In this case, we begin by analyzing the Weekly Chart. 🔸What do we observe here? 🔸The first thing we see is that the price is in a bearish channel since 2014. Every time the price...
hey traders, NZDJPY broke above the resistance line of a bullish flag pattern. Bull rally has started from a local hourly structure. Moreover, the price has formed a double bottom formation and broke above its neckline as well. Now 71.5 - 71.8 is a local demand zone. I will expect a bullish continuation from that. goals: 72.2 72.55
Hello, Traders! EUR-JPY fell from horizontal resistance Just as I predicted. Now the pair has reached a confluence of diagonal support lines. Therefore, I expect the pair to bounce UP. To retest resistance again. Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
ALL ANALYSIS ARE MADE USING ONLY PRICE ACTION, NO INDICATORS. MULTIPLE TIMEFRAMES ARE INVOLVED BEFORE TAKING A TRADE. ==> FIND THIS USEFUL?: LEAVE A LIKE AND FOLLOW ==> OTHER THOUGHTS?: COMMENT SO WE DISCUSS ==> PLEASE TAKE NOTE!! DO NOT SET LIMIT ORDERS. GET IN ONLY WHEN YOU GET THE GO SIGNAL FROM PRICE ACTION FX:NZDJPY
CADJPY on the daily chart is close to a weekly resistance. The price after an attempt to break above retraced until the 0.618 fib level and now testing the 0.5. IF the price will break and close above the structure at the 80 level we can set a nice long order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
hoping that the support level can be respected and we break the resistance level to climb to the top. this is an impulse entry but very small risk so i am happy to take to trade.