As we say in our previous analysis market was ready to get back to the support. And now there is a proper reversal near resisterence and trendline
As it seems according to the chart, the bullish trend is still continuing. The analysis shows that the current price level has never been hit since May 2002. Probably, the final target for this movement could be considered close to the resistance area at 136.510. Watch out!
According to volume and technical analysis , USD/JPY is in uptrend . put your buy limit orders and relax . Entery points are the 3 levels of Fibo ( 1 , 0.5 , 0 ) SL @ red Fibo level TP @ green Fibo level Good Luck guys ;) ...
In this chart we can see a long term bearish reversal in comming days. We will enter but after confirmation.
I am expecting more bullish movement for USDJPY. Based on the last time that the pairing saw current highs in March and April of 2002, I have a profit target of 132.000 and a second profit target of 133.300 . The resistance price is 134.650 . Be sure to like this post and let me know what you think in the comments below.
Trying to trade anything JPY is proving difficult as we experienced yesterday on EURJPY. The death of JPY just continues over and over. I think the bull run will continue all the way into the key psychological level of 130 before we see any signs of buyers slowing down. I won't set an order, I will set an alert because we are bound to see some manipulation...
I'm expecting USDJPY to continue up after some small retracement, based on the last the pairing reached current price points Buy Entry: 128.700 Profit Targets: 128.900 | 129.100 | 129.330 Resistance: 129.500 Be sure to like this post and let me know what you think of this idea in the comments below.
We are slowly breaking through the channel resistance and I feel 129.50-130.25 is possible. The stochastic is positive, and we have been basing well. For now BUY @ 127.70-128.05 and place stop-loss below 126.87 and place profit order around 130.25 for now to make it a worthwhile proposal. Loss-reward strategy.
USDJPY – SPOT: Buying On A Breakout Of Bullish Multiple Inside Bar Pattern Price Action: Price formed a Bullish Multiple Inside Bar + Ultra-small Pin Bar (Combo Setup) late last week. Price formed a Potential Bullish Multi-Bar Fakey Setup early last week (This Setup will trigger only if price breaks out above the Mother Bar’s high), (We suggested waiting for the...
The sell-off did not go much beyond 126.50 and in fact stochastic RSI is basing and being positive. Further, we have corrected daily chart and weekly chart still overbought, but think it will drift higher over time. The strategy is suggested to: 1. buy 126.70-126.90 area for a move to 129.17. Stop-loss placed @ 126.27 for now or 2. SELL @ 129.17 or higher...
The ending diagonal wait for breakout we are waiting for the breakout
I am expecting USDJPY to continue upward based on yesterday's chart and current momentum. Buy Entry is now yesterday's second TP at about 127.450 . Profit Goals are 127.950 and if continues past 128.230 the second goal is 128.830 . I have a resistance of 129.000 and a support of 126.800 . Be sure to like this post and let me know what you think in...
TAYOR! this for short until current price touch zone and downtrend begin later i update this one.
USDJPY has broken structure on 15M / 30M timeframe. Likely that we get retracement in previous institutional area that aligns with fibonacci snipe zone. Buying up to sell position by following the trend
It starts looking a little more solid on BID side, and I feel we may see re-test 129.50 > 130.70 again. If one chooses to buy into the strategy, then I suggest stop-loss @ 126.85 below. The profit target 129.87 for now.
I am considering the upward trend of the brush. Standing on a strong support is a good opportunity to enter
USDJPY Intraday - We look to Buy at 128.10(stop at 127.40) Buying pressure from 128.00 resulted in prices rejecting the dip. Posted a Double Bottom formation. This is positive for sentiment and the uptrend has potential to return. Further upside is expected. Dip buying offers good risk/reward. Our profit targets will be 129.98 and 130.80 Resistance:...