UJ has not actually confirmed its range yet but we will be looking for it to do this on or near market open, now if we don't confirm we will of course follow it down to the next high and low setup we can find. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your...
I’m going to be looking for a long position as soon as the market opens I do believe we will retest the high and potentially go even further up to 150 We are in a oversold market and we have broke out the baby bands which leads me to believe we are going up
Hey Traders, in tomorrow's trading session we are monitoring CADJPY for a buying opportunity around 105.600 zone, CADJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 105.600 support and resistance zone. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring AUDJPY for a buying opportunity around 94.400 zone, AUDJPY is approaching a significant support line around the 94.400 supply and demand area. Once bulls are confirmed i would consider 96.5 as a target as it's considered the next major resistance zone AUDJPY will be facing. Trade safe, Joe.
Sell EURJPY Bearish Channel its good chance to sell now If you found my post helpful or informative, could you please leave a comment 💬🖌 and hitting that like button💚💚 “Markets are never wrong, but opinions often are.”-Jesse Livermore Good Luck💛💛
#Trend_Signal #ChfJpy #Chf #Jpy #DeepSell Now : 161.17 but open on 161.4 🔴 Sell ZONE : 161.3 - 161.8 🎯 Tp : 158 - 155 - 153 - .... 🚫 Sl : 162.5
Hey Traders, in the coming week we are monitoring USDJPY for a buying opportunity around 142 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the major trend at 142 support and resistance zone. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring GBPJPY for a buying opportunity around 181.800 zone, GBPJPY is approaching a significant support line in combination with 181.800 demand area. Trade safe, Joe.
Preferred direction: SELL Comment: The deal on the Japanese yen is in the active phase. The entry point that we gave in previous ideas for the breakdown of the level of 143.8 gives its plus. Nevertheless, the decline will most likely not stop there, our goals are much lower. The real obstacle for the buyer is at the level of 141.327. There as it is possible to...
EURJPY broke and closed below a solid horizontal demand zone on 4H. The broken structure turned into resistance. Retesting that, the price formed a double top pattern on an hourly time frame. Its neckline is now broken. I expect a bearish move to 156.0 / 155.6 levels. ❤️Please, support my work with like, thank you!❤️
Hey Traders! 👋 For Day 41/100 of our challenge, we will look at GBPJPY long idea Technicals: - Ranging between 184-182 - Price squeezing towards top of range - Breakout of 184 opens 186 upside - Failure to hold 182 invalidates trade idea A simple one for today since I'll be out and about. Hope you had a great trading week!
NZDJPY is trading in a long term bullish trend. The price broke and closed above a key daily resistance this week. After a breakout, the price started a correctional movement within a bullish flag pattern on 4h time frame. Retesting the broken structure, the price bounced and violated the resistance of the flag. It will most likely trigger a trend-following...
EURJPY hit the top of the long term Channel Up that started more than a year ago (March 2022) and is getting rejected so far. With the 1D technicals still green (RSI = 63.286, MACD = 1.680, ADX = 49.495) this indicates that the trend remains bullish so we will sell and initially target the 1D MA50 (TP = 153.000). The reason is that it has been unbroken since April...
VERY AGGRESSIVE POSITION -SL @ 161.66 🚫 SLO2 @ 161.55 ⏳ SLO1 @ 161.44 ⏳ TP3 @ 161.38 (closing ALL Buy Orders) TP2 @ 161.17 (shaving 25%) TP1 @ 161.04 (shaving 25%) BSO @ 160.85 ⏳ WE ARE A COMMUNITY BOOST a trade idea to share with others and "pay it forward" FOLLOW to receive alerts of any new posted ideas COMMENT with questions, insight, and...
Hi, This is what I expect CADJPY to be doing once price manages to achieve into the entry range you see on the chart. If you want to set-up your trade like me to achieve 1,57 risk to reward ratio follow my ladder order calculation you see to the left of current price. "Amount" acts as % in this example. Always calculate your risk: Avg. Entry:...
CHFJPY is trading inside a Channel Up in the past 4 months and right now turned sideways after hitting the top of the pattern. This is a Higher High sell signal which has a triple level target. Trading Plan: 1. Sell on the current market price. 2. Buy at 157.500 and as long as the RSI (1d) holds the 53.50 Support. Targets: 1. 157.500 (the 0.5 Fibonacci, Rising...
Multiple time frame analysis for USDJPY. Price action & key levels. Trading plan for FOMC explained. ❤️Please, support my work with like, thank you!❤️
NZDJPY hit the top of the 3 month Channel Up on a peak formation that's the same as the previous Higher Highs. This is a prime candidate for a short position considering that the 1day RSI also displays a Bearish Divergence. Sell and target the 1day MA50 at 86.750, even though the pull back can extend as low as the 0.618 Fibonacci based on the previous Channel Up...