Looking for something along the lines of this. Testing support lost, keeping a tight stop here because it could go higher, if stopped out then will aim to get a better short entry closer to the swing high. A close above 111.694 would invalidate the trade.
The USD has successfully fought it's way back from new structure lows back into the kumo and is now attempting to breakout. We are close to having some final confirmations for a bullish entry but I'm waiting for a few more signs to really seal the deal for me. We are getting close to a kumo twist as the current kumo has started to thin out here but are still a bit...
BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Here we have USDJPY trading near our 4HR breach area. This area is very important because its a breach area on weekly TF also. This makes the volatility here very high because now we have weekly traders involved. My potential TP is @110.300. Trust your process and stick with it. #SIMPLETRADING #BEYONDFOREX #STAYBLESSED
TRADING TIP
THE POWER OF ONE. Keep...
We see the formation of a harmonic bat and butterfly pattern on the 4 hr chart. These formations signaled us to buy the pair and we are predicting the completion of the patterns. Price action has already stated confirming our strategy since we initiated the position. FX:USDJPY
Here we have USDJPY trading near our 4HR buyers breach. My potential trade is @110.030 or @110.245. My potential TP is @ 110.669 and @111.130. We should see a big push to the upside. Be mindful that the overall daily trend is bearish.
Near 110.40 we can open buy with low risk
- Price bounced up from mirror level 110.261
- H4 candle close above
- after pullback there will be entry with low risk
Here we have USDJPY trading near a sellers area !110.650. This will be my potential trade for today. My potential TP is near 110.300 area. Which is the last support area for buyers to come into market.
TRADING TIP
Learn more about your brain and how it operates. As traders our brain needs to be healthy and strong. We depend on our brain to process the best...
Here we have USDJPY trading in a sellers territory. My potential entry is @110.200. I will continue to monitor my trade until @109.923 region. This is a recent low and I will take some profit here. My 2nd potential TP is @109.743. #SIMPLETRADING #BEYONDFOREX
Here we have USDJPY trading in a sellers territory. My potential sell trade is @110.198 area. I will gauge buyers momentum and execute trade if need be. My potential TP is @109.745. #SIMPLETRADING #BEYONDFOREX
TRADING TIP
Risk Management- This is topic very important and a lot of new traders skip this area of trading. Having good risk management can really set...
BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
With the impending US economic bust that is about to happen when the Dollar bursts (based upon the DXY and US30), I'm bearish on UJ for this week.
I see it continuing in an Elliot wave pattern to retest its low point from early last week. I want to see if price respects that low point or breaks below it for the continuation.
