USD/JPY - H4 Chart - Rising Wedge Pattern formation Price need to Break the Trendline and Retest wedge Pattern and after strong Reversal formation, we take entry. Always wait for strong Conformation in Short term for entry. 👈👈👈 If you found my post helpful or informative, could you please leave a comment 💬🖌 and hitting that like button💚💚 “Markets are never...
Sell Description: Pair: USDJPY SL: 20 - 30 pips TP: 80-100 pips We have identified a potential selling opportunity in pair. The price has shown signs of bearish momentum and is currently trading below key resistance levels. Our entry point for this trade is is Shown in Picture, with a stop loss (SL) set at . This provides a risk-reward ratio of...
Hello traders! USD/JPY is on a continuous uptrend. However, price might reach a strong resistance level from where it could reverse. With BOJ rate event scheduled for tomorrow, this scenario might play out. 📌The area 151.50-152 is a strong rejection zone. Currently, there is not much resistance between 148 and 152. 📌The area 152 also happens to be at the top...
USDJPY if it falls above148.73 in this direction will rise to 149.48 then 150.38 then 151.77 but if it is below 147.76 the direction will go down 147.28 ,146.39 then 145.72 Pivot Price:147.76 Resistance prices:149.73 & 150.38 & 151.77 Support prices:147.28 & 146.39 & 145.73 timeframe: 4H
Market structure was clean, clean traffic to the left. Every rule / confluence was met - great RR and great RT to EMA on HTF and entered TF - however took a chance on price action as the entered bearish engulf was 50% body & wick.....then trade is invalid !!
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. NFA.
The USDJPY currency pair is currently on an upward trajectory, approaching the key resistance level at 148.80. It's worth noting that in October of the previous year, the price experienced a significant downturn from this same level. Given this historical context, there is a reasonable expectation that a similar price reversal may occur this time as well. Should...
Welcome to our weekly USD/JPY analysis on TradingView! In this post, we'll provide you with a comprehensive overview of the USD/JPY currency pair's current situation. It's currently trading within a channel, and we'll also discuss the possibility of a double top formation. Let's dive into the analysis! 📈 Key Weekly Analysis Points: Inside the Channel: Explore...
Hello everyone! There was an attempt to break the 147.85 resistance level. However, we might have witnessed a fake break on Friday and price is currently back below the resistance zone. 📌At present, USD/JPY is below the 147.85 resistance level. 📌 In the 4Hour chart, if price continues to stay below the key resistance level, we can see a pullback of 100 pips or...
HI Traders, USD/JPY's bullish rally seems to be running out of steams and bullish momentum is beginning to the weakened down showing some downside preparation. 📌 Currently, the price is forming up a bullish wedge pattern in the 8H chart of usd/JPY. 📌 The price is showing a very prolonged Divergence taking note of the RSI indicator revealing LL and LH when the...
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. NFA.
Sell USDJPY Wedge Breakout Price breaks the Rising wedge pattern now, its good chance to sell today, Thank you
Hello traders! ‼️ This is my perspective on USDJPY. Technical analysis: As I said in my previous analysis price started the retracement, on 1H timeframe we can see that price changed the character. Now I expect price could fill the gap higher before going lower. Fundamental analysis: Tomorrow will be released monthly and yearly CPI on USD and on Thursday...
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. NFA.
hi my friends i think usdjpy is sell becuse in my structre smt zone tp and sl show in chart please comment for me and give me your idea
USD/JPY has been consolidating in a narrow range of 145-147 for the past three weeks. The pair is demonstrating an accumulation and should breakout soon. The reversal zone is a big potential, at least for 100 pips. The hurdle for raising rates this month is higher, implying the possibility for US Dollar falls. Next stronger reversal zone possibility is at around...