Hi there, Impulsive move on USDJPY looks like its about to end, as the dxy is also preparing for a retracement, USDJPY can fall now to make correction from the last weeks move, to prepare for the next up movement. I will be looking for 106/107 area to start buying again, but for now look for sells, we are sitting on a weekly supply zone, a fall from here will...
Enjoy the waves
USDJPY 1H-TIMEFRAME ANALYSIS Hello ladies and gentlemen This is my new idea for USDJPY My idea is that the pair will continue to uptrend targets 105.77 106.26 I hope my idea is clear Support me by like and share Good luck
*ENG* - Price breaking our resistance zone. - We are expecting a retest of this same zone. - Look in the lower timeframe for closures that might indicate a reversal. *PT* - Preço a quebrar a nossa zona de resistência. - Estamos a esperar um retest desta mesma zona. - Procurar nos timeframes inferiores por confirmações de reversão.
After the breakout of the mirror level price is very aggressive and falls rapidly to the downside. Expect further bearish movement.
Here in higher timeframe we see a nice downtrend. So wait for a small retestment the will go again SHORT... Must follow PRICE ACTION.
Here a clearly downtrend ig falling. After some retest and also breakout this support then will go for SHORT... Watch lower timeframe M15 for understanding clear retest trendline breakout...
USDJPY Reached Resistence Zone H1 Sell, bearish reversal from resistance zone, RSI Divergence; Trade : Short/Sell Targets : 108.4, 105 Stop 1.25% Profit Target 5.40%
USDJPY In 4 hour chart we had half legged doji formation which is a clear signal for further selling of this pair USDJPY is in downtrend for the past one month. As the JPY is considered as safe heaven asset the number of positions has increased in recent days 108.160 region is a strong resistance zone from this point we can expect further selling of this...
USDJPY As the risk sentiment arises the safe heaven Yen has gained the major strength and rallied almost 1000 pips and reached 101.300 level and stalled We can expect further upward rally in comingdays Buy orders may placed at 104.300 level And potential take profit will be 106.800 Stop lose may placed below 103.500 level
USDJPY We can sell this par and the potential take profit will be 105.300
Buy usdjpy Entry 1 109.140 Entry 2 109.000 Sl 108.900 Tp.1 109.354 Tp.2 109.475 Tp.3 109.670
The pair sure as hell took its sweet time, but here we are. Continuing from our previous post to take short positions and hold them, mostly based on the US + China trade war, and the less than impressive brexit progress (link below): Once the pair breaks through the trend line, sell on the pullback. Pragmatic traders can take profit in the 108.000-ish...
We are at a resistance at the moment! At smaller timeframes it looks like we could form a double top! Fundamental I have a bearish bias for USA. Also a great Risk Reward!