Guys , I share my secret strategy with you , You buy at 101.50 to 101.90 area , , 1st tp is 106.80 , When it retrace to 104.30 or 104.50 level again buy opportunity and Tp 2 is 111.00, SL IS 99.90, it`s long term trade Remember Patience is the key to success
4 strong bullish trend bars appeared and reach the resistance zone near 106.6xx. If another bullish trend bar appeared, time to long and enjoy the 1:3.5 R/R Trade!
Good afternoon Traders, I hope you are all enjoying your weekend, many of you have been asking my views on the election results - seeing as I have many followers who are Trump supporters, i would like to start by congratulating you guys on the W. Marginally I thought he was the better candidate, not that I thought either were great.. in the same breathe the...
We are looking to establish long positions on the USDJPY pair as the U.S. Presidential election is looming. Our baseline scenario is that Hilary Clinton will be the new President of the United States. We see this development as a positive for the U.S. dollar and as such we expect that the global reserve currency will rally across the board. The closest big support...
As advised yesterday USDJPY managed to jump above 102.85 where market activate farther advance that will face resistance zone for the downtrend line around 104.30-50 From that zone will expect a drop correction to hit the market toward 101.75 zone Above 104.50 market will face another resistance at 105.00-20 Support Resistance Level...
Good Morning Traders, Please check previous success with USDJPY to understand my accuracy with this pair. Next leg of dollar rally is likely to be driven by a higher usdjpy. Only a move below 104 would indicate that the current bullish phase has ended. The break increases the likelihood of continuing toward 107.25 - 108.00. This next level includes four...
If my Gartley Bearish Pattern is FAILED, so still opportunity bullish to 110.80 for forming Crab Bearish Pattern where it's most accurate harmonic pattern. I have made it as accurate as possible frome the original criterias. The ideal Crab Bearis Pattern are : 1. X point on top but lower D b. A point on bottom but upper C c. B is 38,2% - 61,8% XA d. C is 38,2% -...
W IS FORMED ON DAILY CHART AND IS ABOUT TO BRAKE THE TRENDLINE SO WATCH FOR THE BREAK OUT IF IT BREAKS IS HEADING 106 BUY ORDER @ 104.650 TP @ 106.650
USDJPY has broken trendline again, back into a minor uptrend (requiring higher-low confirmation). Trade Setups: 1. Break green trendline upwards towards R1 2. Break pink trendline lower towards S1 We await confirmation of breakout and then follow that trendline.
As predicted in our previous analysis of USDJPY, the pair is currently retesting the 200 MA. Here we believe bears will give it another push back down towards the bottom of the current downtrend. USDJPY has made lower lows since coming out of the original uptrend (purple), and we expect price to respect the current downtrend (green) before breaking further...
USDJPY has just broken down from it's uptrend and now looking to test S1. We expect price to go further and test the 200MA, before it breaks and we see further downside towards S2, which is the long-term TP. You can enter a short-term or a long-term play, and use the support levels as confirmations and SL points.
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MAJOR SUPPORT TREND LINE AT 99.181. PLACE A BUY LIMIT AT 99.181. STOP LOSS AT 96.589
Linked below is my USDJPY short idea. Give it a like if this has helped you in any way. Follow for more ideas and daily updates.
USDJPY Just Buy or sell breakouts and down worry!