U.S. Dollar / Japanese Yen USDJPY

USDJPY approaching resistance at 112.17 (100% Fibonacci extension x2, 76.4% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse to its support at 111.28 (50% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.

USDJPY is approaching our first resistance at 112.42 (100% Fibonacci extension, 78.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 111.17 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and a reaction below ...

Unified gartley on daily is almost completed. Execute short in the selling zone if you have this pattern in your trade plan.

selllimit

short usdjpy , short zone

USDJPY

https://www.tradingview.com/x/nzt8d7aF/ here is my old markup^^^ here is where we are at (time of making this trading idea)vvv https://www.tradingview.com/x/QrlHNTDe/

I WILL THE CHART DEPICT ITSELF..

UJ Has been bullish the past week and failed to break and hold above resistance at 112.2. For that reason I am expecting another dip down before it continues upwards. I have another sell limit at 112.3-4ish. Not playing sell for too long unless impulsive move out of zone. If It continues up I expect it to reach 113 before finding resitance

usdjpy

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USDJPY potentially bamm trigger BAT or Butterfly Pattern Trading Plan : Buy now or buy limit @ 111,645 attention: this is only a prediction. risk use returns to each individual. if my analysis is wrong, I am not responsible for your losses. and If there are questions please chat with me or comment .

certainty high Risk_Reward_Ratio - Good The only way for this to invalidate our scenario is to be a complex double zig-zag which is rare so I think this is a pretty safe short.

Fib extension + ABCD pattern. short UJ around 112.4. Look for entry in smaller TF. SL above 112.8

Certainty really high Risk-Reward = Really high This is one of the best scenarios I've found and I strongly believe in my Idea. I have 5% Risk on this trade and entered it blindly with 40pips Stop-Loss. Planning to add to the positions as we see profits.

Bouncing off the 0.0 ret. Back up to the 112.88 area on the -61.8 level. We can then expect a short

buy limit

Price consolidated, expect more bullish move