USDJPY Long Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bullish Trade scenario 1: Overall price action is bearish on higher timeframes but the 4hour timeframe has recently turned bullish. Ideally we want to see price action form structure at our 38.2% fib level near 103.700. Target higher toward negative fib levels after bullish...
AUDJPY Long idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: AJ is overall very bullish and is currently at a high. Ideally we want price action to pull back and form structure. This will give us an opportunity to enter long on a confirmed higher low. Look to target higher toward our negative fib levels. Trade scenario 2:...
The Japanese yen appears to be falling Considering to resistance zone that touched for the third time and the speech of the Governor of the Central Bank of England Bailey. You can also use Ichimoku to see trend changes from lower timeframes.
Nice butterfly pattern set-up With DXY push to the upside and bulls finally showing some strength I anticipate the dollar to be strong at least at the start of the week. Long USDJPY to complete this pattern set up. Fundamentals also show japan have now identified a new form of covid strain which may weaken a weak Yen further.
EUR/JPY(1HR) The pair has been moving to the upside creating higher highs and higher lows showing bullish momentum. We then saw price move back and forth, ranging between support and resistance levels. Price then had a push down to break out, although pushed back up and left wicking on the last candlestick. Could this be a fakeout and another push to the upside?...
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
Selling EUR/JPY till the lower boundary of the uptrending channel when the market opens🙌🏻
USDJPY will do some ranging then going to be bullish till the yellow line (at least) so be ready to catch those pips
The pair is currently laying on an important key zone. We will wait for a breakout/bounce and a retest before we buy/sell🙌🏻
Nzdjpy, in the short and medium term, as well as opportunities for investment and speculation ... New Zealand, Japanese yen and the third of the fifth extended .... If we look at the chart, we will see blue numbering, an impulse stimulus extending from 72.78 to 75.57, or a classic Head & Shoulders pattern ... Since the extension occurred in the third wave from the...
USDJPY entered a supply zone with confluence of a resistance trendline. Short opportunity with a risk reward ratio of 3.86:1 Use proper risk management.
GBPJPY has been ranging for some while. Currently at a supply zone. Wait for confirmation to short. Use good risk management since this trade has a 4.25:1 RR. Risk only 1% at most of capital.
FX:USDJPY CONFLUENCES: - Early signs of rejection of 71% Fib - Early Signs of rejection of highlighted area - ABCD Pattern Formation - Early signs of Rejection of Daily 51 EMA - Need to see bearish close due to DXY strength for entry
((this is not a trade recommendation or Signal,, it's my view,, trade it at your own risk))
USD/JPY Short Setup Idea Entry: 103.900 Stop Loss: 104.107 TP & RR: 103.280 (3) REASONS FOR THE TRADE One would say that I am in a shorting mood today, but I guess those are just the setups that I'm seeing today. To be honest, I will actually miss this trade because it goes against my system (I have some pretty strict rules). What I like here is that the...