I believe this area could provide for a solid retracement back into the key level marked. Whatever goes up must come down. This pair should follow my arrow marked.
Potential 3rd touch in usdjpy structure and a small structure is formed with a double top providing a beautiful opportunity to go short . Its going to be short according to my analysis 🙏
USD/JPY has been in an uptrend respecting the green ascending channel . In my previous analysis i expected the price to buy until it reaches the upper trend line continuing the ascending channel, which followed the analysis and reached tp. I expect the USD/JPY to undergo retracement and expect the price to sell until it reaches the bottom trend line , thus ...
Hi Guys, This is one of my students chart analysis that we took in lesson to show her how forecasting is done. This is all independent work. Her reasonings are below. (I have full rights to use this) 1. Reason why we've forecasted this trade is because... 1. 106.600 is our entry because it is a whole number, this is where banks and financial institutions come...
See Signposts for key price action details.
Hello traders, as i can see still UJ going to drop.
USDJPY has completed 5 impulse waves. 1-5. Based on the formation, we'll have a C leg down soon completing the ABC correction.
We've a double top on UJ. coinciding this with Elliot wave ABC correction, we're going down from here.
A Quick Short Here With USDJPY Is Looking Very Nice: Fib Indicates TP 1$2
USDJPY buy from current level ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's...
See Signposts for key price action details. After price crossed below this level for the first time, it made an attempt to trade above it. This did not succeed. We are expecting further downside, but we are seeing a slight uptick in the dollar index (DXY) in the short run. The 1-hour chart is also a concern as price is holding just below this level for a...
ANALYSIS -------------- DAILY TF: BULLISH CANDLES SHOWING WEAK MOMENTUM 4HR TF: BREAK OF RECENT LOWER HIGH 1HR: RECENT HIGHER LOW BROKEN PLAN OF ACTION ---------------------- - WAIT FOR RETRACEMENT/ CORRECTION PHASE ON THE 1HR TF TO COMPLETE BEFORE TAKING SELLS - IF OPPORTUNITY PRESENTS ITSELF, WE CAN TAKE THE ANTI-TREND BUY TRADES ENTRY...
This may be a risky one but looking to jump on a short from current price down to 0.618 Fibonacci as I was previously aiming for. There is support between current price and that target which it has just rebounded from, that is what makes this risky. Also JPY has been weak recently so this may be a risk not worth taking for some people. TP - 104.264