USDJPY has given us another higher low followed by a bullish engulfing and a close above the EMA's This seems like a highly probably situation for it to created a higher high ALL GLORY BE TO THE MOST HIGH SMILE AND GIVE THANKS
I always make sure I move my stop loss to entry point to cover the risk when I'm look at taking these aggressive moves. We should see further weakness from the yen which will push us higher on usdjpy and gbpjpy, but as always remember we can see a fast sell of at any time so be smart and don't just by any random pull back, make sure the price action is creating a...
Hi there, USDJPY is setting up for a drop and maybe a top in the market for a while, Set shorts with the SL placed as explained in the chart. TP 113.800 or lower Good luck
Just a bit of a look at how I trade these pairs when price is on a huge upside move. It can be very rewarding when you get entry's and straight into risk free but remember anything can happen and just cause price is looking so strong, we can get sell offs whenever... its better to be safe then lose.. risk amounts stay the same ALWAYS no matter how good a setup looks.
Price Created A Higher Low on The 4Hr TimeFrame which is in sync with the Higher Daily TimeFrame followed by a closed above the EMA's Taking this to the next KEY ZONE marked ALL GLORY BE TO THE MOST HIGH
Series of higher highs and higher lows are visible which indicates bullish trend.
I think the price will go high in a long term because of the weakness of jpy and breakness the daily downtrend line
After breaking above range's resistance and marking a new local high above 112, UsdJpy corrected and has confirmed the old resistance zone as support. A new leg up followed and a new correction, just to mark a higher low and make 111.20 support. At this moment the pair is trading just in short-term resistance given by last high and a break here can lead to...
USDJPY has been in a long uptrend on the higher time frames(Daily) and it just created a higher low. Price has also closed above the EMA's followed by a crossing of the EMA's to uptrend Now seens like a good spot to enter, taking this to the next key zone
Will be looking for entry's on USDJPY very soon as I've seen some very nice price action forming. Looking at first target of 111.500 and depend on price momentum possible further upside continuation.
USDJPY Weekly Forex Analysis & Trading Idea for 4th - 8th October
OANDA:USDJPY As it can be inferred from the chart, price broke the bearish structure from the inception where we goa a shift in market structure (SMS), we see smart money active at that point Now, we see BSL engineered by SM to initiate the bullish order flow continuation We expect liquidity to be grabbed and we then expect price to come into the OB before...
Lets Checkout USDJPY- I don;t Miss the Trade __ if made this pattern .
Hello Traders, this is my idea for FX:USDJPY . Post your idea/analysis below for discussion. Thank you all for your support. For more accurate setups, stop loss, take profits and mentoring services, FX signals, Crypto, Indices and Stocks PM me.
AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
#USDJPY Market has not able to cross strong support in 4H timeframe. Looking now for a buy move.
This is my current outlook on UJ. *Disclaimer* This is not financial advice. Forex trading is a risky business. Trade at your own risk. Practise proper risk management and patience. #TradeLikeMagnatrio
usdjpy short : Reasons : 1)order blocks formation in previous days 2)nice uptrend which can breakout retest and will fall down can go short as soon as it retests but be careful with the order block