Dear traders, USD/JPY is getting some support from the EMA in the 4Hour chart. Price has rebounded after hitting the EMA. You can also see the formation of a triangle pattern in the chart. If USD/JPY manages to break through the upper trend line of the triangle, then we can see the next leg of bullish move. However, 140.80 is a key level that can offer...
when wave 5 looks over, now enter the correction period, I have not added the new elliot notation, I have not seen the pattern that will occur even though the price movement looks positive for a correction. short term the price will drop to the SnD area with invalid restrictions, when the price moves higher than the invalid area it could be bullish again or there...
USDJPY SHORT 06/08/2023 Currently at Supply Zone. Still waiting or a confirmation to enter. A big chance to make a Bullish divergence.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Using the rules of highs and lows. It's very important to spot the multiple touches of the horizontal trend
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
I will wait for more confirmation on usd-jpy. On 1h TF we have a HH with HL , and LH with LH with an UP TREND. These are the keylevels that im watching for an entry.
Hi Traders! We are now at a crucial point with USDJPY. Is there enough momentum for another push to break the 142 level or are we going back below the 138 level? We have highlighted our calculated Vector 142.255 level on the chart. After breaking and closing above our previous double top Vector level of 137.915, we had a push towards 142.255 but had major...
The strong rise of the US dollar, USDJPY also rose, it should be noted that the current upper resistance is 140.500-140.950, it is expected to reach this area, USDJPY will have a fall, can start short in this area USDJPY Trading Plan: sell@140.500-140.950 tp: 139.00-138.400 The Shark Trading team provides a lot of trading strategies every day and provides a...
Here is my view for USDJPY on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
As you may have heard, Japan's economy has been experiencing some weakening lately. The country's GDP has declined for the past two quarters, and its government is struggling to stimulate growth. In addition, the Bank of Japan has been keeping its interest rates at harmful levels, putting pressure on the yen. But what does this mean for us as traders? Simply...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Here is my view for USDJPY on H1. 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!
wave 5 is most likely completed. the price is right at fibo extension 1. the length of wave 5 is the same as wave 3 and currently the price is trending down. i am looking for opportunities to short this pair.
Here is my view for USDJPY on H1. 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!
USD/JPY eyes 141.00 as upbeat US households’ spending supports hawkish Fed stance Fundamental technical analysis: The market price line is being consistently followed by the 34 EMA, resulting in a stable uptrend over a period of time. The RSI has returned to a safe and stable level of 60.5. To minimize the FVG zones, there is a forecast of a slight sideways...