U.S. Dollar/Japanese Yen

USDJPY / H1 / Convergence RSI shows Convergence at these levels please look at the related idea :)

Hey guys ! Here is a nice potentiel short entry on UJ Accumulation of : - Bearish structure ( blue ) - Retest of the strong daily trendline ( red ) - Overbought ( 90%) - Standard deviation - Few fibonacci Good luck ! :)

Exhausted buyers recently lost control and sellers were able to break the immediate uptrend. Price has recently traded back into some previous structure that lines up nicely with a a fib and potential minor trendline resistance. I expect selling pressure to potentially increase around this area.

cypher pattern and three drives pattern compltion at structure level

USDJPY going down

First idea in a while since back at school. Taking a simple UJ short. Good luck all.

FX_IDC:USDJPY

Looks like trading within a channel of about 550 pips band.

CONTEXT If you are trading off of multi-timeframe chart's, then you should handle each timeframe for itself. Don't try to fit one into another, just analyse it as if it where the only one you care about. Further more: - try to reduce your indicators and oscillators (price is telling you "wasup") ;-) - stay consistent in your drawings - dissect major from minor ...

SL: 113.450 TP: 111.50

The price has been stuck between 107 and 117 for all of 2017 after a test of the 100 mark back in 2016. We should continue to see dollar strength over the next couple of years so how far could this go? It looks like a setup for the beginning of wave C on the Elliott wave pattern, maybe in 2018. I'd only jump in long once we break and retest the high of 126 from ...

Trade only on Demo till you understand - atleast 4 weeks post your results Always trade at your discretion Think in possibilities and probabilities and manage risk. Taking trades during overnight usa hours before 4 am EST is risky so avoid it when trade oppty is on 1min or 5 min, dont enter it if it doesent get triggered with in 2-3 hours of the posting Always ...

Note the SL and Targets are considered for wave C then Bearish 5-0 pattern for point. Trade with R:R in mind and SL. Thank you.

usdjpy

Two cypher patterns with one PRZ. Check the related idea below to learn more detials.

USDJPY Short Position in M30

Bearish Harami

Short positon