It seems weekly candle touched upper BB band, RSI also hedging downward and Stock seems ready to fall. Beside that Monthly candle also touch upper BB and forming gravestone dozi. Overall UJ short expected. Good Luck
UJ expected to fall towards a major inner weekly ascending trendline towards 106 price range, the trade war will drive the fundamental factors towards strengthening JPY. Long term Short
Looking for UJ to Break through the 200EMA and continue down trend
I am monitoring this pair for potential upside.
USDJPY Waiting for sell signal too enter shorts targeting 106 Trading method: RSADVANTAGE Stage 5, accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends suited for swing trading. This system is made of custom adaptive volume indicators and Oscillators that properly detect trends very early and...
I see UJ is bullish It likes flag pattern, and TP is at least 100% Fibo , it is the same price around resistant line. On Friday, it is retrace, so i will watch for buy set up.
after a higher then expected bull run for DXY and UJ ---UJ was over bought Clear daily rejection hammer on DXY indicated the reversal early signs of bulls loosing steam were clear on UJ when channel was broke and retested on h1 UJ pair also closed with clear rejection on market close --h1 and shooting star on D Hence Short opened for UJ pair with profit targets
Inverted Head & Shoulders on UJ´s Daily
Last month It ran a range between MPP (P) 109.442 and MPP (R1) 110.769. Location of MPP of last month In July, the resistance of the MPP (R1) last month went out and price ran up like a racehorse who confirmed the gate opened. However, although it is commonplace, that alone is not a strong trading reason. There is a strong trend line above. Weekly...
see chart for details. look left for previous top. 4hr pinbar.
Finishing bullish momentum, once touch 111.500 we will see if we can enter a sell order with target 110.000
Last month It ran a range between MPP (P) 109.442 and MPP (R1) 110.769. Location of MPP of last month In July, the resistance of the MPP (R1) last month went out and price ran up like a racehorse who confirmed the gate opened. However, although it is commonplace, that alone is not a strong trading reason. There is a strong trend line above. Weekly...