Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Morning traders usdjpy tested pivotal level of 100 and also probed the multi year trend support after Brexit in June this year. Since then it has been undergoing a steady up move and it has also met the projected target for a double bottom formation. This pair is now closing in on a multi month descending trend near 119.50 which also happens to be the 76.4%...
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Above 114 USDJPY is bullish once again !!! 114.87 USDJPY 1st support line - even buying option 114.77 USDJPY 2nd support line - even buying option 114.06 USDJPY 3rd support line - even buying option I am excepting a exhaling at the beginning of next week - after this cross-rates run away today :) I excepted an outbreak at weekstart on next trading day -...
Morning traders, OPEC's "agreement" caused a lot of noise in markets yesterday, including testing our limits on the usdjpy shorts to 114.70 close to SL. Previous usdjpy longs hit the 114.70 target, as for the covering shorts we leave running for targets as they are now backed up with this bearish white swan pattern on the daily. Wishing all the best to you...
Morning traders, the pair has broken out of the recent Trump bubble, short term the pair is likely to head lower toward the target levels; 110.9 110.2 and 109.75 wider stops recommended.. if we punch through the above, then a test of 107.90 is on the cards. Please see related ideas to notice that i called the 110 move back in August :) Your likes and...
USDJPY Short Entry @ 112.950 TP 111.000 (LONG TERM TP 108.130)
Good afternoon Traders, I hope you are all enjoying your weekend, many of you have been asking my views on the election results - seeing as I have many followers who are Trump supporters, i would like to start by congratulating you guys on the W. Marginally I thought he was the better candidate, not that I thought either were great.. in the same breathe the...
As advised yesterday USDJPY managed to jump above 102.85 where market activate farther advance that will face resistance zone for the downtrend line around 104.30-50 From that zone will expect a drop correction to hit the market toward 101.75 zone Above 104.50 market will face another resistance at 105.00-20 Support Resistance Level...
Good Morning Traders, Please check previous success with USDJPY to understand my accuracy with this pair. Next leg of dollar rally is likely to be driven by a higher usdjpy. Only a move below 104 would indicate that the current bullish phase has ended. The break increases the likelihood of continuing toward 107.25 - 108.00. This next level includes four...
USDJPY has broken trendline again, back into a minor uptrend (requiring higher-low confirmation). Trade Setups: 1. Break green trendline upwards towards R1 2. Break pink trendline lower towards S1 We await confirmation of breakout and then follow that trendline.
USDJPY has just broken down from it's uptrend and now looking to test S1. We expect price to go further and test the 200MA, before it breaks and we see further downside towards S2, which is the long-term TP. You can enter a short-term or a long-term play, and use the support levels as confirmations and SL points.
Blue trend line = 1 hour Red trend line = 2 hour Green trend line = 4 hour Multiple breakouts with indication of going down.
Over the past week I have noticed a strong resistance in the 104.3-104.5 area. A support in the 102.8 area. Today 2 different breakouts happened with a very good retest. I also did Fibs retracement and it shows that it has been consolidating at the 0.50 but now it is starting to pull away. I do not have any other indication that this will be bearish please comment...