Welcome. According to my analysis of the USDJPY pair, there is a high possibility of a bullish move. With a rising flag. The market is now trying to break the strong resistance at 133.500. good luck for everbody.Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free...
USDJPY is currently supported by the upward trend line, and the short-term bullish trend is dominant. At present, you can pay attention to the support around 133.0. If you step back, it is expected to continue to rise, and the upper resistance will focus on around 135.0.
USDJPY is currently trading around the 50.0% Fibonacci retracement and potentially reverse from here. We could see price move down to our take profit target. Entry: 133.828 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci retracement Stop Loss: 134.738 Why we like it: There is an overlap resistance that aligns with the 61.8%...
Looking at the H4, Price has just reversed from our sell entry at 133.76 which is an overlap resistance along with a 50% Fibonacci retracement. If it breaks above it could hit our stop loss at 135.08 which is an overlap resistance along with -27.20% Fibonacci expansion. Take profit will be at 132.04 which is a swing low support level Any opinions, news,...
USDJPY intraday trading alert 3 simple steps to find a quality setup! Risk Reward Ratio 1:2 Anyone same idea with me? SELL USDJPY Good luck traders...
The chart shows a clear bullish double bottom chart for USDJPY. USD has gained an edge over JPY - especially since Japan has an export oriented economy and JPY had strengthened significantly last year. Also Japan is a erstwhile ally of USA so it won't join the de-dollarization efforts of Russia, China and Saudi Arabia. The question is how to go long USDJPY...
In a recent analysis I suggested a buy trade for UsdJpy around 131, and, indeed, after touching that zone last week, the pair reversed and is trading well above 133 at the time of writing. I remain bullish UsdJpy as long as the price stays above 132 and, in my opinion, dips close to 133 should be bought with a target of 138 for medium-term traders. 135 is also...
USD/JPY is at 133.60, up from 133.26 as of Tuesday's Tokyo stock market close but flat on the day so far. Traders are focusing on the US consumer infl
Impulse correction, impulse correction has been the current price movement .momemtum is looking strong to the upside. The price is pulling back for a retest. the likely zone it's likely to bounce off is the pull back to the 0.618 fib level in confluence with the trend line. If the Price bounces on the 50 or 100 EMA in that zone. we enter long with first targets...
✅WHERE WE ARE We've been having the bearish wave since 137.91. If the corrective bullish wave from 130.62 is over, we could see the strong bearish wave PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
So far, price has stayed above the 21 EMA which makes me bullish biased still but I am anticipating a reversal at 134.71 - 134.87 region, I will suggest waiting for confirmation. I would love to hear your thoughts 🤔, feel free to leave a comment ✍. Please like 👍❤ this idea 💡 if you agree, and follow me for more updates ❕❕❕
USDJPY - RARE! ... ? , the market for me is going CRAZY this week.. Pero que piensan? Nose veamos aver.. Solo riesgo 20 pips.
Market couldn't break previous high comeback to retest and giving us a double top
USDJPY Weekly + Daily + H4 + H1 + M15 + Waiting for a pullback to get a long position. it is incorrect to get a short position. I am sharing my personal trading idea, which is based on supply and demand principles, as a means of self-education and improvement. These values are not intended as a trading signal, and any feedback or comments are...
• If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry...
USD/JPY reverses ahead of the March low (129.65) to bounce along the 50-Day SMA (133.24), while the 10-Year US Treasury yield rises for the third consecutive day after registering a fresh yearly low (3.25%) earlier this month. Recent developments in the correlation coefficient point to a further decoupling as the indicator reflects a negative slope and sits at a...
Same thing here as with the previous trade. We have to execute our trades without hesitation just as Mark Douglas teaches. Once the Edge is visible. We must enter all opportunities.
Edge present. .33% risk per trade. TP1 1-1.5 TP2 1-3 TP3 1-5 SL 133.726 Trading with no reservations or hesitation. Once the edge is present, we enter the trade with no emotions attached. We accept the possible loss of this trade which is .99% of the account. We don't know what is gonna happen next and we do not need to know. We only need to understand that our...