usdjpyweekly

Near Term Setup - LONG USDJPY Expected reversal from 108.709 to 111.015 Entry:108.287 (based on April Support levels) Stop Loss: 108.709 Target Profit: 111.015 Expected Time frame for trade is 3 days Note: Reversal has not been confirmed as signal line has not crossed over as yet.

Seems like A-B-C correction is still not over. Day traders can still bet on the upside.

With the completion of an inverted H&S formation on the daily and weekly time frames, we have the opportunity here to long the USDJPY for circa 500pips. This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please ...

usdjpy posted this earlier on my Instagram account that i started way before the buy happened and it went my way...well to be exact all the confluences were present on this pair... will definitely pass the previous high without a doubt....just a matter of time. have a great one guys.....:)

Hey guys, The chart says it all, more or less. I have a larger pitchfork on the monthly chart, price hit its median line @ 125.3xx and bounced off it. If we are destined to hit the lower paralel line we will see 90 - 100. Breakout to the upside could mean 130 - 140. I personally have bearish sentiment on the larger time frames and believe a move towards 90 - 100 ...

Here is the Weekly chart of the USDJPY with a nice test of the 200 SMA. Keep an eye on it for more upside as long as price can stay above the moving average

I think everything is shown on the chart The entry , The Targets and stop loss i'm actually wants really to hear from you before starting the position Good luck all of you .

Sell below 114.07. Stop loss at 114.77. Take profit at 112.90. Reason for the trading strategy (technically): Price continues to drop nicely from our selling area. We remain bearish below 140.07 resistance (Fibonacci retracement, horizontal overlap resistance). We also tighten our stop loss to 114.77 to protect our profits. Profit target is at 112.90 support ...

USDJPY: Watching Sell

Buy above 112.58. Stop loss at 112.21. Take profit at 113.75. Reason for the trading strategy (technically): Price has dropped perfectly and reached our profit target from yesterday. We turn bullish above 112.58 support (Fibonacci retracement, Fibonacci projection, horizontal overlap support) for a push up to 113.75 resistance (Fibonacci retracement, horizontal ...

Buy above 111.35. Stop loss at 110.10. Take profit at 113.15. Reason for the trading strategy (technically): We remain bullish above 111.35 support (major Fibonacci retracement, horizontal overlap support, Fibonacci projection) for a push up to at least 113.15 resistance (Fibonacci retracement, swing high resistance). Stochastic (21,5,3) is seeing strong support ...

So... Seems, it's starting Main C wave or we're still in corrective B wave... That's all.

Previous Update EURUSD- Hammered 750 pips https://www.tradingview.com/chart/EURUSD/kzGQUcV3-EURUSD-E-Wave-of-Triangle-Looks-Done-1-1366-Highs/ USDJPY- 1000 pips- Upside https://www.tradingview.com/chart/USDJPY/WqB39q2D-USDJPY-Possible-Triangle-since-98-78-Lows/

Can easily run up to 115.5. As always, will be watching price action closely.

Here is a quick view of UJ

USDJPY October 24 Outlook and weekly forex analysis As we can see, descending triangle pattern already perform since last October 12 on USD/JPY, as long as this pattern not break, play inside this pattern will be a perfect idea. In short position, stoploss above pattern resistance, and in long position stoploss below support level - if the pattern break down, ...

Guys , I share my secret strategy with you , You buy at 101.50 to 101.90 area , , 1st tp is 106.80 , When it retrace to 104.30 or 104.50 level again buy opportunity and Tp 2 is 111.00, SL IS 99.90, it`s long term trade Remember Patience is the key to success

Lovely time to get short on this pair, yen helicopter money ruled out and the buildup ahead of FOMC this week will both aid in this cocktail of strength for yen pairs. All eyes on BOJ towards the end of this week with their interest rate decision. Thank you for all the kind comments, I am humbled by your response - Please support with a like and comment! Trade ...