USD/JPY has reversed from the double top resistance and we can expect a deep pullback in the coming days. The downtrend will accelerate once the bears manage to take out the supporting TL. I recommend selling the rallies between 110.60-111 with SL above 111.50 and TP at 108.65
#USDJPY The market is going for a bearish move. Reason for sell. 1) Market has touched strong falling resistance and was not able to cross it. 2) In the H4 timeframe market is moving in the bullish channel and is at its resistance so will move towards its support. 3) Market has formed a double top at falling resistance and already tested its neckline and...
Welcome back Traders, Investors, and Community! Here on USDJPY The price has got rejected from the Resistance zone with series of red candle. It also has made lower highs which indicates the Bearish trend. It may get a Pullback at 110.8 but then it will go lower to the Support line which is the lower band of the channel. If the price breaks below the Support...
Welcome back Traders, Investors, and Community! Here on USDJPY The price has got rejected from the Resistance zone with series of red candle. It also has made lower highs which indicates the Bearish trend. It may get a Pullback at 110.8 but then it will go lower to the Support line which is the lower band of the channel. If the price breaks below the Support...
HI traders, USDJPY has been making series of overlapping three-wave pattern. This pattern can be easily labeled in Elliott Wave as an ending diagonal. Ending diagonal usually forms at the end of a trend and leads to an explosive reversal. If this count is correct, we should expect more weakness in USDJPY in the weeks ahead. Target below the origin of the...
Hi Traders, This is my view on this pair for the next few days #USDJPY SELL 110.4 SL 110.85 TP 109.0 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to...
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.
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...
1D - Grey 4H - Blue 30 Min - Orange Market is in Channel in Daily Frame, and on top i can see Bearish Candle Pattern. As we can see on Heatmap too JPY getting strong against Dollar.
I think that USDJPY after respecting the big resistance zone will fall short.. I tested this combination with FIB and the price respected 0.5-0.6 zone so my prediction is USD/JPY short.
Usdjpy - H4 - New schematics in play. lets see how it plays out.
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