USD/JPY was very bullish over the past 2 weeks.
We are still bullish for this pair too.
Nedd to monitor closely.
If the price breaks the resistance zone strongly, wait for pullback and long for this pair :)
Risk to Reward Ratio is 1:2
Trade with right risk management :)
Purple area show that sell area.
While the orange field shows another pattern.
There may be a possible divergence here.
I think the trend is going up again after the climb.
Hi traders,
another of my daily analysis here on tradingview. In this case i've outlined a blue box around a structure level (black line). This zone seems to be often respected when price touches it, so i'm going to be very careful and pay attention as soon as markets open for price is almost in the reversal zone.
Let me know if you have a similar setup.
See you...
Guys , I share my secret strategy with you ,
You buy at 101.50 to 101.90 area , , 1st tp is 106.80 , When it retrace to 104.30 or 104.50 level again buy opportunity and Tp 2 is 111.00, SL IS 99.90, it`s long term trade
Remember Patience is the key to success
on daily chart after successful break from bearish channel the chart could reach 50% of the channel at least with some resistances ahead (around 106 and 108.450 are the strong ones)
Hi fellow traders,
Some considerable levels for USDJPY we have described on the chart for the next weeks and months, take a look at the chart for your info.
Moreover just check the link beneath at our signature to read the details thereof.
Trade well!
m2m
There are a number of ways we could count this move up right now, This could just be an BAC correction up and we go lower to new lows before heading higher. I think the pair is headed for that 135.00 area so for now I am going with the idea that wave 3 is nearing an end and a wave 4 is about to take place. Another bullish option is the nested 1-2 count and we...
4 strong bullish trend bars appeared and reach the resistance zone near 106.6xx.
If another bullish trend bar appeared, time to long and enjoy the 1:3.5 R/R Trade!
what am i looking at right now on uj feedback is highly appreciated this is my first eliot wave.
not sure about the pattern the 61.8 B point is a railroad tracks so im not sure if its valid.
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...
