Expecting JPY weakness into sell side liqudity, price took out buy side liquidity on a htf basis made a lower high on a ltf rejecting a premium market area on fibonacci, we should see bulishness in XXXJPY currency pairs, look for longs over there. How do you see ?
JPYINDEX should start the selloff in this area, price took all the liquidity above weekly high area. We can see that the bullish momentum is low already and we can see some bearish candles in formations, i expect to see the selloff at the start of NY session. This means bullish xxxjpy pairs if you have clear entries What do you think ? Comment below ..
On a short term perspective(start of the week) i see JPY to make a drop back into 9200 / 9080. Price rejected a bearish orderblock on d1 and filled a daily imbalance, also took out the stops above 9300 and reversed quickly. I would like to point that best trades right now are BULLISH JPY, but if you are more riskier you can try some shorts going into the start of...
Hey Traders, today we are monitoring EURJPY for a buying opportunity around 129.290 zone. once we will receive any bullish confirmation the trade will be executed. Trade safe. Joe.
FX:USDJPY The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
Time Frame: 4H Symbol: JPYUSD Bias: short Considering the over all market structure JPY pair has a potential to go down as it will be difficult for the pair to outweigh the strength of US dollar. Therefore, a short trade is more probable than a long one.
FX:USDJPY The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
i am waiting in the usdjpy pair, it have already break the consolidation area and it have to retrace to start falling, i will wait for a short trade
FX:CHFJPY The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
could possibly see the right shoulder of a head and shoulders pattern forming here. Will be keeping my eyes on this to get into a short position.
From the daily time frame we see the price action has reached a resistance trendline , based on the previous 2 touches . what we understand from the previous movements of the market we will be looking for a chance or rather confluences as to why we vouch it to sell based to the lower time frame , in this case the 4 hrs. time frame is best fir , where we will...
Usdjpy, i expect now the usd can’t break this strong resistance zone after making a retest, and then we will see the technic of usdjpy. ——- Tendency: Downward Entry: Under 114.45 TP.: 113.70 & 112.60 Sl.: stabilize above 115.35
prices is in channel in 4h chart as I pointed on the chart , on the last bearish rally we couldn't reach the channel support line , and that's a reliable signal that price is going to reverse up many times when something like this happens that price is unable to reach on side of the channel , it will break it from the other side and we are seeing good momentum...
CONFLUENCES: - Break out and retracement of previous structure - Rejection of 8Hr EMA - Rejection of 61.8% Fib Level - Rejection candlestick closures in 4hr
Hey tradomaniacs, The JPY-BASKET is currently testing a strong resistance-zone after the breakout of a triangle 👉 So far sellers are taking some action and try to defend their zone which could lead to a pullback back down to the 61,8% fib-level. A little bit suspicious is that a tringale usually contains 4 Waves, from A-D. Since a triangle is always a...
GBPJPY Break and Retest. if price breaks any level then confirm on 5 Min Timeframe price action. Good Luck!!!!!!!!
good day traders, We just had a divergence and a corrective structure suggesting a bullish impulse is around the corner confluences>DIVERGENCE>CORRECTIVE STUCTURE BREAK OUT>PREVIOUS SUPPORT/RESISTANCE