hello traders i have posted a weekly forcast on GJ BUT when the week opens we get more information this is what we see now here we have almost ascending triangle still left more confirmation to execute a trade . but probably til tomorrow we might see volatility on this pair .make sure you are on session that's where the volume will be make sure to comment and...
After an extended pullback on the USD/JPY daily chart, we think it is time for the pair to revert higher. A bullish divergence formed with the RSI (2) and a bullish pinbar formed on after a failed attempt to break below 130. Being a round number, there's reasonable chance of demand down at that level, and yesterday's up day is part of a 3-day bullish reversal...
hello traders new week new opportunity is in a nice manipulation we don't get tricked what sets the trade is the stop runs as far as we can identify the liquidity pool and identify the frame work trading is easy lets get it comment what you think also follow for more wish best trading week
USD/JPY bear swing was absolutely beautiful, but we are not done yet Usdjpy has a looooong way to drop still, the impending US recession is not going to be pretty and the moment the market gets a single whiff of hawkish-ness from the BoJ, this pair will sink to the bottom of the ocean like ATLANTIS In the mean time however it looks as though the bear swing has...
AUDJPY overview AUDJPY has broken the low created in December last year, which confirms that the most probable path is continuing the bearish corrective cycle WXY until reaching at least 81.455. This fact opens us the opportunity to look for shorting opportunities until we reach that level. We will not blindly enter to sell AUDJPY in any case. Only if we see...
Decline from 2.28.2023 is in progress as a 5 waves impulse Elliott Wave structure. Down from 2.28 high, wave 1 ended at 160.02 and rally in wave 2 ended at 164.14. Pair resumes lower in wave 3 towards 159.19, and wave 4 ended at 160.49. Last leg lower wave 5 ended at 158.51 which completed wave (1). Wave (2) corrective rally ended at 163.34 as a double three...
OANDA:USDJPY Took a quick short on the UJ for hard 10pips, before Michigan Consumer Sentiment. Why only 10? I say, "Why not." For me, it's easier to predict (guess) price action to hit a closer TP, versus a TP that is so far away, that I need use binoculars to see clearly. Stoploss? I say: "Trade management" Trade smart Trade safe Trade well
Aggressive Reversal Observed Near 145-146 Sell Zone. Market Rally Down and Now Retraced to a M30 Bearish OB. Wait for London Open and Expect a Fall. Risk Disclaimer: Forex is only Suitable for those People Who Understand, and are Willing to Take on, the Financial and other Risks involved. Please Ensure You fully Understand the Risks and Carefully Consider your...
On the monthly timeframe, began 2022 wicking off 38,2 and ever since have just consolidated Very similar looking to all prior long term corrections; back during all the hoopla we saw price flirt with 2,618 expansion level, never quite breaking above it If this March 2023 candle closes above the 20ma, it would lead me to believe the bulls are about to have their...
Wow! As we forecast yesterday, the market is shaping up incredibly. Today we have brought in some £ pairs as we have some very high probability trades that could be forming. These would be textbook, low risk set ups. Also a small lesson on NZD/JPY for us all to learn from myself included which I feel could take so many losses off the table for people....
when you hit 3 trades in a row, it feel like jesse livemore !! seriously tho middle long trade was based on DiXY strength hence Yen weakness, the last was based on DiXY overbought breather & more imp Sunak’s monday meeting for Ni protocol reforms. worked better than i expected in target & time range. boom boom. expecting it to top around 166.40/70 for consolidation.
I will explain later but just know, in 2028 we will have 1000 YEN = $1 USD, ive open a 100million short using 1million dollars as collateral
The pair is breaking through the strong resistance at 90.5 level. We may see some pullback and it would be an opportunity to buy more.
GBPJPY have dropped more than 1000pips since last post 168 lvl ideas 3+ months ago. Probably “revisiting” 168 again before a “real deal heavy dump!”..by buying trillions yen of bonds from BOJ.
Welcome back! Let me know your thoughts in the comments! **GBPJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight...
The pair has been testing resistance at the 87 level since March. Looks like this is the one. Not sure but it is worth the shot. I just opened a long position.
USDJPY buy/long idea Trying longs on USDJPY, shorting the yen. Emtry. SL and Targets are on chart. Heed your DD!
USDJPY Adding shorts here to existing positions on the pair. Goals : 130.24, 128.30, 126.30 Using tight SL and will consider liquidating all shorts on the pair if the SL is taken out Heed your DD!