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Hi Traders,
In my opinion price can pull back from upside of channel. We can open short position as soon as JPY will start falling. Support (102.000) can be our main target.
Hey traders, here is the analysis for the USDJPY. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
USDJPY - Monthly chart - All trading is a game of supply and demand. When demand exceeds supply, price will rise and when supply exceeds demand, price will fall. Usdjpy is in a monthly downtrend but currently it is trading in a monthly demand zone so shorts are not allowed, we are expecting a pullback upto 107-108 on this pair to take shorts from 108-109 down to...
HI TRADERS,
As I discussed this pair is in bearish state as per my bias. Daily trend line also shows the downward momentum as well as price has been rejected from the resistance level 104.50 Area.
I am looking this pair bearish till 101.00
Good Luck
Hi Traders,
I want to take sell on the following confluences.
1. Down Trend
2. Validity of Pull Back Strategy (Paid Strategy)
3. Advance Engulfing Candle Setup (Paid Strategy).
4. Fibo Level
Good Luck.
Key details labelled via Signposts on chart. Price is resisted below the 103.82 level.
[ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are...
Hi friends. 3 timeframe analysis and just one result - we go down to 103.248 like a first target. There is too big volume of solds (i mark t on the chart) and many traders purchase at tme to time. No no deal like that ... just short. Levels thanks to X-Lines script. Follow me.
USD/JPY has clearly been following the channel. It has broken a very strong support level and retested it as resistance and should now continue to follow the channel downwards. Take profit target is at -0.272 of Fibonacci.
