*ENG* - Price breaking our resistance zone. - We are expecting a retest of this same zone. - Look in the lower timeframe for closures that might indicate a reversal. *PT* - Preço a quebrar a nossa zona de resistência. - Estamos a esperar um retest desta mesma zona. - Procurar nos timeframes inferiores por confirmações de reversão.
DISCLAIMER: My analysis is just a trading idea! As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Good Luck!
-price is trading inside the range -price made fakeout of the support level and made a seconf touch of ascendind trendline before returning inside the range -waiting for retracement to complete and signal to buy
The USDJPY Cup/Handle pattern is developing nicely and now the handle is tightening up on the weekly chart, tho it's broken both up and down on the daily, the pattern still holds. If it breaks up, and is confirmed by a daily close above local swing high, this could be a massive move up on a fifth wave.
It seems like it's time to go up for USDJPY,... The price lays on strong support level. ...Take it into the consideration anything can be possible to happen, if it breaks down the support level this idea would be failed. You never quite know where the next big wave or gust of wind is coming from, but you know it is out there.
See how you can use this simple idea in your trades. Yellen, One Move One Kill
GOOD LUCK ----------------------- Disclaimer: Forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors.
The USDJPY trades at 106.68 and retains transferring in a powerful development and upward channel. USD/JPY is transferring above the higher boundary of Ichimoku Kinko Hyo Cloud. It signifies that there's a bullish development. If the level 108.15 is broken-out, follow the recommendations below. Time frame: D1 Recommendation: long position Entry point:...
Seeing potential buying pressure forming. Swing Trade. 3:1 RR We'll see most of the movement during NY session if SL isn't Hit.
Currently, USD/JPY is trading at 106.20. The pair is consolidating in the ascending triangle resistance and support wedges. The pair may start a new up trend if it breaks the resistance level at 106.29, likely It is possible that the pair may consolidate further for some time. If the pair starts a new up trend after breaking the resistance level, then its first...
Price has been testing the trendline and constantly been rejected Waiting for a break and a retest before entry
USDJPY reversed off its intermediate resistance at 105.721 where it could potentially drop further to 104.274. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
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The bear's management on the USD/JPY path stays robust, and forex merchants completely ignored the motion of technical indicators in direction of oversold ranges. The strain on the US forex continues to be the strongest, and it's growing because of tensions between the US and China and each day report replace of the coronavirus instances and deaths and the...
USDJPY reversed off its resistance at 105.587 where it could potentially drop further to 104.274. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.