I must say that I've been spot=on on this pair so far. On Monday we expect pullbacks either to Fib 38.2% level or 71.6% whichever way. Ascending channel beached/Flag pattern created and breached as well. Bulls are now in control full swing
USD/JPY, H4 28 February 2024
The Japanese Yen experienced a boost from its positive CPI data released yesterday, although the
initial momentum has tapered, leaving the currency pair in a consolidation phase at recent highs. The
upcoming release of U.S. GDP data later today is highly anticipated, poised to be a significant
economic indicator that could steer the...
The important levels this week :
We give attention to the highlighted area any price action we sell or buy.
And moves the stop loss to the entry after 100 pips.
Apply risk management, risk 2-3% of your trading account. I take trades based on Smart Money Concept (Institutional Trading) NEPS TRADING. if you wanna learn more. Comment below.
This was intended for our traders however, since I have not posted in a while please enjoy this quick setup.
Please not I am not trading this week, the set up was a request and I did this under 5 mins without full concentration.
Big news day so be sensible.
Take a look at our analysis for USDJPY.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 150.364.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 151.654 level.
P.S
Please, note that an...
Our prediction is the resumption and continuation of the increasing trend in the 1-hour time frame
As long as the price does not close below the level of 149, the upward trend is expected to continue. A drop below the 149 level would require serious supply, which is not yet visible on the chart.
Therefore, we insist on buying and expect to record higher peaks.
I will Sell this Once we close below 150.12
Will wait for 15m candle to close below that, then that will be me in
Target 148.82
Thanks for checking out
As you can see we have broke structure and now the trend is going back to liquidity rest to take all liquidity while we have QML strong level for snipe entry on our odder block to go short ..
USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs – second only to EUR/USD – and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and...
Continuation of stronger $ idea / story.
Every hustler/ trader needs to follow their own rules.
If this happen.. next will be tis and tis...
If resistance broken.. I'm ready to ?
and next.. if I'm in position tis happens.. I will be out.. find another reentry, because.. bla bla..
This narrative / bias
YOU CREATE..
What if I don't.. I'll be fixated to...
USDJPY
Pivot 150.400
- If the price is higher than the pivot, Long target TP1 at 150.900, TP2 at 151.295, cut loss if the price is lower than the pivot.
- If the price is lower than the pivot, short target TP1 at 150.125, TP2 at 149.660, cut loss if the price is higher than the pivot.
***Please money management***
Good Day fellow viewer. I am new to this youtube thing so I'll just be posting my analysis on certain pairs everyday. I am not an expert or a pro, I just enjoy analysing charts. Please enjoy and also enjoy the upcoming videos. I don't provide financial advice or sell anything. All the videos will just be my personal thoughts on which direction price will go. These...
The price has reached an important level of demand. We expect the price to rise from this level and resume the upward trend.
On the other hand, if this important level is conquered by the sellers, there is a possibility that the price will fall to the next important level at 148.30, which is the short-term target of the sellers of this level.
For now, we still...
This is what I expect from USDJPY.
I think the price has to come down to sweep the liquidity and fill the IMB.
I risk 0.5% on this position.
Sales limit: 142,294
SL: 149.586
TP: 148.262
Good Luck.
![USDJPY: Analysis on USDJPY [ 27 February 2024 ]](https://s3.tradingview.com/p/PikXq6dP_mid.png "Analysis on USDJPY [ 27 February 2024 ]")
