Hello traders. I expect the price to fall to the bottom of the channel again once the ascent and intersection with the roof of the descending channel to complete the fourth wave. Then get ready for wave five. Are you agree?
A short correction down to 114.4 and then more upside to come for USDJPY. This wave will be impulsive and may break the top of the channel. We will start to take profit around that region at around 117.
Inshallah, This Pair is going bullish from now 1-Got Raising Support( Trend Line Support) 2-Double Bottom Chart Pattern 3-Divergence which is the indication of possible reversal of downtrend
Buy on USDJPY Price breakout of the trendline Price rejected at strong support level
There will be more downside coming for the dollar yen in the coming weeks and I expect price to get some support and start consolidating around the 112.8 levels. All eyes are on the fed's meeting next week. Their stance will determine the next course of action from there. If you are not in the short , you can wait for a pullback and a quick scalp down to the 112.8.
USDJPY is trading in a bullish parallel channel and it following it by all means. Recently it has taken support from the rising trendline and we are expecting bulls are active from the said zone. A good bounce is expected in the price of this pair. Trade your levels accordingly.
Dollar Yen may be on a brink of a bounce on the Zone long opportunity at play
USDJPY LONG USDJPY expected to go into buy at 114.700 price point based on previous trends Entry: 114.750 TP 1: 115.300 TP 2: 115.750 SL: 114.000
Hi TRADERS this is my trade set up for the USD/JPY for the new week ahead USD/JPY DRAGONFLY DOJI on the daily chart so after a big trend down we should have a nice reversal for a long trade so i will be looking for a pullback to order block zones to take a buy trade This is my analysis only please trade with caution and risk management in place good luck for this...
Is wave 5 complete and more downside to come for the USDJPY. We think this is unclear at this point of time and we should be seeing some kind of choppy wave action at these levels with a bias to the downside. If you want to trade the dollar yen, go for quick scalping trades with a bias towards shorting the top of the range. BEAR CASE If you manage to enter for...
Hey tradomaniacs, welcome to a new free trading-setup. USD/JPY:Swingtrade-Execution Market-Buy-Order: 114.415 Stop-Loss: 114.145 Point of Risk-Reduction: 114.725 Take-Profit: 115.455 Stop-Loss: 27 pips Risk: 0,5% -1% Risk-Reward: 4,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good...
More buys until price reaches the retest area then I see a BIG SHORT coming.. only time will tell, need to wait for confirmation before the big move happens
Hi TRADERS this is my trade set up for the USD/JPY for the new week ahead USD/JPY I believe will carry on its continuation in a buy market first it will need to ride down a little hopefully into the order block zones lined off on chart so i will be looking for a drop to the order block zones and to take a buy trade This is my analysis only please trade with...
An overdue dip is looming for the dollar yen. Is this the point where we see some kind of correction downwards or do we have to endure another dump to the downside before this can happen? I think if the price structure breaks down from here, we should see some support at around 113. I don't think this structure is complete for a complete reversal. There's still a...
Clear descending triangle pattern. Pair will likely breakout on the upper side since its already in an uptrend.
This pair has been in the process of collecting liquidity between the strong supply and demand zones. You will see that small ranges and compression points have been created to lure both buyers and sellers into the market. We won't truly know what price wants to do until it reaches the main supply I have marked out. Once this zone is met, we can investigate the...
Expect bullish price action on this currency pair as price should make another high high above 115.800 closing on its way the bearish imbalance on h4. I have longs already but from this area i will start adding to my position. JPY should drop as we are in a RISK ON market sentiment. What do you think ? Comment below..
This is my idea about USDJPY next move Which you can see it in chart