U.S. Dollar/Japanese Yen

Currency pair - USD.JPY Chart timeframe - 15min Area of interest - 108.895 & 108.643 Chart pattern - Bullish Cypher Potential target 1 - 109.249 Potential target 2 - 109.467 Potential extended target - 109.600 Please implement your own due diligence prior to entering the market.

I say it all of the time. Consolidation breeds pattern formations and the USDJPY has been a perfect example of that as price makes it's way towards the "D" point of a potential Bearish bat formation. This will be the 3rd consecutive pattern formation on this pair and if it happens to fair as well as the first two i'll be a very happy camper. I didn't expect too ...

With yesterday's US session closing at 109.03 which is above a major level of 109 despite lows of 108.918, the market has found enough buyers below 109. While traders await the 3 days Jackson's hole Symposium held at Wyoming, it looks like the market is ranging between 108.6 and 110, while waiting for clues on the final direction of this market. We see 2 major ...

potential 2618....Usdjpy had a nice bat pattern setup I took last Friday. Pattern hit 38.2 of bat and reversed to the downside. It set up for a nice 2618 opportunity the market broke the neckline of the double bottom and the market is currently coming down. Markets on 1hr hopefully will be oversold and I will look to buy with a limit order if market is oversold at ...

see chart

UJ ... maybe is going to test the LSL area around the 108.600 ... so at least for now the BIAS is still towwards the downside.

Price is setting up for another double/triple bottom......look for a long bounce in the green area......good trading....

Chase it to 106.50 area? I say "why not?"

Long And Short For USDJPY

Here we have 2 trade possibilities for USDJPY So for now I will wait for more confirmation. A break of daily trend line and I will go long on a retest , and for the second scenario I will go short after a retest if we have a good momentum break and close below my weekly support level.

Critical lvl. Prefer down side (104,90/105,30) b4 up.

A simple one <<

wait the breakout and watch out the rebound on trendline h4

Long on cypher

usdjpy can reach the 36% of the fibo, with a similar movement that we operate

bonus buy setup.

USDJPY

USDJPY is bearish as long as price below 111.05