The first month of the new year is upon us and with it a new batch of trading opportunities. But where are the trading opportunities this month? With no knowledge of what surprises may lurk around the corner, we can turn our attention to the Economic Calendar to see what events will occur and think about what assets might likely be affected by some wild swings in...
Wait for the retest on the trend line then again wait for the rejection then buy it.
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.
USDJPY ( U.S Dollar / Japanese Yen ) Bearish Channel in Short Time Frame and Rejecting from the Upper Trend Line Break of Structure Completed " 12345 " and " A " Corrective Wave Wait for the Rejection from the S / R Level Wait Until It Breaks the Upper Trend Line and Retest
I don't we are done yet. Saw rejection at 134.5-7 area. Believe that was the end of wave 4. Will finish wave 5 around 126-127 region.
As you can see, the price had a bearish reaction after collecting liquidity below 130.396. If the daily candle closes higher than 131.101 or at least close higher than 130.396, we can expect the price goes to a higher level. 💡Wait for the update! 🗓️03/01/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
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.
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.
USDJPY is pulling back to the resistance level, which is a swing zone and 50% fibo. Look left. The marker is moving downward in a channel, and the trend is bearish. We expect a trend-continuation trade. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
As per the previous movement of the USDJPY I believe it will rise little bit more and then it will fall. Wait for the rejection. I described everything on the chart for your convenience.
USDJPY is coiling up at the resistance zone . The marker is moving downward in a channel. Price action has gained momentum, and there is a high chance that trend will continue. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
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 we are at the end of the broken uptrend, we are waiting for the price to come back to test our 136.15 level before selling massively to project towards the daily 132.00 support. The news was disappointing for the dollar which should plunge even further for the upcoming holiday season its price even lower
The US dollar against the Japanese yen may return to the bullish path next week, after the US Federal Reserve raised interest rates and stated that it will continue to raise interest rates in the coming year. All this may increase the strength of the dollar. Here, the dollar is seen breaking a downtrend on the four-hour time frame and testing it, and for this I...
USD-JPY was trading in a downtrend But now we are finally seeing A massive bullish breakout Which is confimred so we are now Bullish biased on the pair At least in the mid term And thus after the pullback And retest of the broken levels We will see a move up
I expect increases, breaking the red channel around 138.00, and then decreases with tp around 134.50. Watch out for a false breakout of the drawn daily resistance! Entrance around 137.80-138.00 and tp around 134.50. P.S. This is not financial advice of course, just my idea.
USDJPY hrly long buystop @ 137.500 TP #1 @ 137.662 84.31% wr TP #2 @ 138.225 56.86% wr SL @ Swing low 136.331 5.8% hr WR and HR are determined by past trades on this pair, on this timeframe. More systematic trades are posted on my profile and on Bifrost Trades.
Here is my view for USDJPY on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!