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:...
As we can see that USDJY taking support on it's previous support zone. I believe from the current market price it can be bullish.
According to Gann Analysis and cycle 144 , USDJPY is in uptrend reached its 1st position . Now it needs new confirmation to continue its uptrend by closing above price 116.057 by daily candle , so we can enter long trade targeting 116.579 let's wait and see if it will do it or not . Good luck guys ...
USDJPY – SPOT: Waiting For A Bullish Fakey Setup Price Action: Price formed an Inside Bar Pattern late last week (We are not considering trading this pattern). Price moved lower from the prior Bearish Pin Bar Signal that had formed early last week (We did not consider trading this signal). Potential Trade Idea: We are considering waiting to see if the current...
Wyck off Accumulation Schematic for long position . . This is Not Financial Advice . 🧅JUST AN OPINION OF THE ONION.🧅
I'm expecting USDJPY to continue back on its bull run after some retracement. The pairing more than likely has enough momentum now to blow past the previous high of 131.350 and onto 132.000 and higher. Buy Signal: 128.630 Targets: 129.050 | 129.500 | 129.950 | 130.500 I have a resistance price of 131.350 and a support price of 127.500 . Be sure to...
Hey traders, here is the analysis for the USDJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. Disclaimer:- This is not financial advice.
USDJPY – Buying A Breakout From Multiple Inside Bar Pattern Price Action: Price formed a Bullish Multi-Bar Fakey Setup late last week (yet to trigger). Price had been forming a Multiple Inside Bar Pattern since last Monday (We suggested trading this pattern in the May 6, daily newsletter). Price moved higher from the prior Bullish Multi-Bar Fakey Setup that...
Japanese yen is weaker against the USD. I believe that this bullish journey will remain continue in next week. Better to look buy opportunity on every support taken on trend line.
USD-JPY is trading in a uptrend In a parallel rising channel pattern So I am locally bullish on the pair And I think that we will see the price go up To retest the rising resistance above AT 134.30
USDJPY is long based on current chart patterns. Entry: 130.080 TP: 130.380 | 130.500 | 130.900 I have a resistance set at last week's previous high of 131.250 . If the price goes past the resistance there is a strong possibility it will climb to 132.000+ . Price 129.400 invalidates this trade. Be sure to like this idea and let me know what you think in...
Japanese yen is still weak and I believe that this pair will continue grow to make new high.
USDJPY - Expecting bullish price action on this chart as price filled x2 h4 bullish imbalances, and takes out sell side liquidity below old lows. The HTF market strucutre is bullish and the fundamentals are alligned for a LONG opportunity, market sentiment tells us that retailers are shorting this pair and this could be another confluence for us to go LONG. What...
It is better to look buying opportunity on it till it is above the trend line.