Dear Traders, we have a good opportunity where we may expect price to come to our area to area to be filled and possible order block!! LET'S GET TOGETHER!
The U.S. labor market report remained surprisingly strong despite ongoing efforts by the Federal Reserve to tamp down demand. The US Dollar rallied about 2% on Friday following higher-than-expected non-farm payroll data which came in at a whopping 517,000 through the middle of January. This video illustrates a technical perspective on the current market structure...
On The daily timeframe , the entire structure of this asset has been bullish , though looking at the chart we can see a clear retracement in time, back to a bullish order block. Mostly when price is getting closer to an order block, it forms different patterns, in this case we see the formation of waves in a channel, using the Elliot Wave theory, there must be a...
In the current situation, 3 supports are very important in the area of 130.654, which is located in the B area of the pattern. By maintaining the current range, we can expect three targets in the range of 131.774-132.644-133.799. Around the range of 132.644 we have a static resistance and the third target range is located around the dynamic line of the WEDGE...
Hello Traders, Hope you all are doing good!! I expect USDJPY to go Down after finishing this correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. ...
The Japanese yen has fallen past 132.50 per dollar (from 129.00 last Friday), reaching its lowest point in four weeks following reports that the government is considering Bank of Japan Deputy Governor Masayoshi Amamiya as the next central bank leader. Amamiya is seen as the most dovish of the potential candidates, putting an end to hopes of the BoJ normalizing...
Here is what we see happening with USDJPY this, we are looking for a sell from the dotted lines.
Selling USDJPY at 129.625, we are Currently on a Downtrend on USDJPY so we are already getting a Lower Lows and Lower Highs, so this tells us a lot about UJ. Let’s wait patiently for Confirmation and also we are having NFP today so trade Carefully Guys. See you Guys Next week. Please Drop Your Comments on what you think about this Trade / analysis. I really...
Here is my view for USDJPY on H4. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hey Traders, USDJPY has have faked movement in last two months since we had BOJ news on interest rate, the pair had reversed from over previous setup on #USDJPY. However, most things has changed since then firstly we have undecided DXY movement we have not had a clear dictative move. Hence, as we have NFP next week we are eying for DXY to drop until Friday as...
#USDJPY - As of last day, the MARKET SENTIMENT for USD was slightly UP SIDE. The main reason for that is that the JPY is starting to weaken quite a bit. It happened because of the BOJ MEETING. This time after the FOMC, the dollar has also weakened. - Due to MARKET RISK ON, all MARKETS including STOCKS and COMMODITIES are going up a bit now. - There is...
Since the end of October last year, UsdJpy has dropped 2500 pips from top to bottom. However, considering the rise of 50% of the pair since the beginning of 2021, this is just a correction of the long-term trend and, in fact, the pair seems to have found a bottom exactly in 50% Fibo retracement of this strong bull leg. At this moment the pair is consolidating...
USDJPY formed decending triangle in 4hr TF . after some retracement seems like to have pull back till 131.200
USD JPY Forecast : BUY LIMIT - We must wait for the JPY pair to reach this support area . As it reach this area we can enter with buying position , but we must put stop loss for that trade .
USDJPY FormS a huge Symmetrical Triangle within this triangle we should sell and buy on resistance and support. On one side breakout will give a good entry and move is well Before F.O.M.C data i am expecting movement within this triangle after the data release will give one side clear direction. AS soon as data is not delivered we should wait for proper price action
USD/JPY ::: The purple channel is a large channel that easily covers the time frame of 4 hours . The price is currently at the ceiling of this channel and the last important encounter of this price was in the smaller channel and all these corrective movements have created a triangle . If the triangle is broken from above, the next few resistances will be broken...
USD-JPY is trading in a downtrend And the pair is about to retest A resistance cluster of the Falling and horizontal resistance Levels from where a local Pullback is to be expected!
SELL USDJPY guys so on my last post I had wrong information on USDJPY Not like I had Wrong information, but when I was see on a Higher TF was really Different based on the Buy Confirmation I had so let's Get this Money Sell USDJPY USDJPY SELL SL: 130.129 TP: 127.601 We Broke the TL so lets Patiently wait on a retest before making a sell Moves Thanks Guys I'm out