The market has been ranging between important zones on weekly timeframe. The market has now printed a bullish pattern(the M pattern), suggesting a bullish move after forming the bottom of the last leg of the M pattern. Entry: 105.240 TP: 111.5 Stop loss: 104.240
We are close to #USDJPY long term trade. We begin to build our bullish cage from 106.8 Entry: 106.8 Second Entry: 105.9 SL: 105.7 TP: 110.5
Maybe I'm being a little optimistic but just keeping it simple and trading the plan. Price is at strong weekly support forming a Higher-High/Higher-Low structure. T/P 1 is resistance 1 and T/P 2 is resistance 2.
Este par en 15min me esta haciendo un patrón que me gusta, y se repite siempre mas y mas, después de una fuerte caída en esta temporalidad y después de analizar la temporalidad mayor DIARIA, me encantaría un rompimiento de estructura para luego buscar mi entrada en largo, claramente me encantaría que hiciera este movimiento, pero otras cosas pueden pasar también.
In my previous analysis on USDJPY, I recommended you to sell between 112-112.30 area. If you followed that, you have already bagged a massive profit of 400+pips(see idea link attached below) Through this idea, I would like to tell you that there could be a minor/decent pullback in the coming days provided we see some form of bounce back in the stock...
USDJPY is climbing higher with each passing day. Everytime it seems like the rally is overdone and the market has peaked, USDJPY just keeps creating newer highs. At this point, I assume that a lot of retail Fx Traders are selling this pair or they are already holding sells. So, I would like to write a word or two about the possible moves that you can see in USDJPY...
FX:USDJPY OANDA:USDJPY FOREXCOM:USDJPY
USDJPY reversed off its resistance at 109.139 where it could potentially drop further to 108.381. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDJPY expected to reverse up to 1st support at 109.807 where it could potentially react and bounce to its resistance at 1st resistance at 110.695. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
fear Coronavirus, US stocks touch top of market and continue moving higher I am looking for buying opportunity
As seen the chart is at a breakout on the weekly on this ascending triangle After the last news the dollar is dropping hard. TP on 113.900
if you zoom out the chart, you can see USDJPY is middle of strong up trend channel the last candle is very strong bullish, on the other hand we have positive news around USD, stock market move like rocket. I am looking for buying opportunity but first of all the price should break the level 110.210
Nov 2016 was the start of a bullish run. since then, the price is testing the lows and the ups of the horizontal movement. we tested the 107.800 range again, tapped it and now jumping to the next resistance: 114.000. in the upcoming days, we can expect some small retracements. the main bias for the usdjpy is LONG.
The price is in consolidation in form of triangle. We expect to continue in the same way - up Expected levels: 110.26 - 110.51 - 110.69 The model will break up if the price prop to 109.25
#USDJPY two trades for the next week. The price may end its bearish movement around 107.92 Area where a big bullish movement started on the 7th of Jan. Anyway... it's possible a little retracement before this. So 109.019 could be a very good level to short. It doesn't matter which one first. Both are good levels to trade once. 1st Trade BUY Entry point 107.930:...