Hi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the condition of the strategies are satisfied. Press like button to support this video and let me know in the comment section if you have any questions
as we can see the price struggling at the resistance and not not successful in breaking it . the price has been rejected many times before from this resistance and forming a double top pattern. we can get a short with 1:6 RR .
After a good run from 107.50 to 109.70, UsdJpy corrected and has confirmed 108.30-108.50 as strong support and a new leg up followed. Now the pair is in a small consolidation and I expect a new challenge of the recent high I'm strongly bullish as long as 108.50 holds
Hello Traders Welcome back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you...
Usdjpy - Daily chart - Bearish reversal scenario explained in a simple way. After price had rallied for a prolonged period, there comes supply that starts taking out the previous demands (higher lows, trend line support buyers etc). This supply (Daily highs) broke the trend line support and broke the previous higher low support. After breaking these supports,...
Hey traders, here is the analysis for the USDJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
With an astronomical 500pips run in our direction since my last speculation (see link here below for reference purposes); It appears the character displayed by price action lately has found a safe haven for Supplication @ Y109.500 area thereby welcoming a Selling bias for me in the coming week(s). At this point in a very Bullish trend, the market is looking as if...
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We consider to buy this pair because the New Jerusalem Ultimate Band Indicator signal line is very bullish though it suggests that there might be a short pull back and then the price will continue to shoot up before we get stopped out. Also the price has attained a strong support from the New Jerusalem Band Indicator lower line suggesting a strong bullish move...
TP - 110.952 Analysis: - Descending channel + double bottom. SL is around 20 pips or so.
Possible Double Top with Banks giving Signs to Banks with Bearish Inside Bar and Equal Highs been created for Liquidity Hunt. If you don't know about the Liquidity Hunt move from the banks then stay away from this move, Keep calm and let the prices flow.
In yesterday's comment, I said that the long-term trend for UsdJpy is clearly up and the drop from 111 is just a correction. Yesterday the pair has finished the day very strong and closed above the important 108.30-108.50 important zone, confirming a false break A small retracement could follow at this point and this could be a good opportunity for bulls to open...
Love this pair. USDJPY still sell for me. Please find the Japanese Index Below as your Guidance. (Related Post) JAPANESE INDEX Will Grow Soon
UsdJpy started the year strong, changing the downtrend ar reaching 111 zone (an 800 pips gain) A correction has started from 111 resistance and the pair has dropped under 108.50 support. I expect the uptrend to resume soon and confirmation can come once 108.50 is broken to the upside
In the weekly chart the price movement is forming a Triangle pattern, we are currently in the C wave from point D. ( Weekly Chart ) The daily chart shows the structure of the waves, which indicates that the iv wave from point C has ended and the price is rising in the V wave, which can be extended up to the range of 112. ( Daily Chart ) In the one-hour chart,...