USD/JPY could rise towards an overlap resistance and potentially reverse off this level to drop towards our take-profit target.
Entry: 147.096
Why we like it:
There is an overlap resistance that aligns with the 50.0% Fibonacci retracement level
Stop Loss: 147.927
Why we like it:
There is a pullback resistance that aligns close to the 78.6% Fibonacci retracement...
USDJPY
Pivot 146.500
- If the price is higher than the pivot, Long target TP1 at 147.150, TP2 at 147.910, cut loss if the price is lower than the pivot.
- If the price is lower than the pivot, short target TP1 at 146.000, TP2 at 145.200, cut loss if the price is higher than the pivot.
***Please money management***
💵Pair Name : USD/JPY
Time Frame : 4 hrs
Scale Type : Large Scale
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🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
🔗 Key Technical / Direction ( Short ) Mid Term
Type : Mid Term Swing
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☑️Bearish Retest
146.750...
Pair Name : USD/JPY
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
Educational
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🔗 Just browsing through my analysis means a lot to me.
☑️ Update - VIP Opportunity
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💰 Take Profit 1
⚡️ Account Growth = 5 %
💵Pip' Achieved = 80 PIP
I want to try this buy, in my opinion probable reversal.
The real key regardless of any strategy is to have a decent risk/reward .
You win and you lose , so be cautious.
No financial advice, do your own research.
USD/JPY: JPY Struggles Amid Global Tensions
The Japanese Yen (JPY) faces challenges in gaining momentum against the US Dollar (USD) as it retreats in the European session. European equity market optimism hampers the JPY's safe-haven appeal, while the USD sees positive traction ahead of the awaited FOMC meeting.
Technical Analysis:
The JPY faces resistance at...
So my outlook on this market has a very clear Bullish dominance. We can see that the market is clearly controlled by Demand right now. We have been continually running the highs and doing so with a lot of upside volume.
My bias is for price to continue higher to blow the liquidity highs and continue setting new bullish structure in place. What helps is the...
USDJPY PRICE FORECAST; Breakdwn the ascending channel & Rectangle, Strong bearish signal..
Rectangle Breakdown: A breakdown of a consolidation pattern like a rectangle suggests a potential change in market sentiment. In this case, it's a bearish signal.
Ascending Channel Breakdown and Retracement: The breakdown of the ascending channel followed by a retracement...
Hello Traders, here is the full analysis.
Great SELL opportunity USDJPY
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question,...
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As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various...
Usdjpy On the 1 hour chart, we can see more closely the price action inside the channel with the price now close to a level where we got rejections from in the past few days. More aggressive traders might want to trade either a rejection from the level or a breakout to the upside, but ultimately the best levels, from a risk to reward perspective, are the...
TRADE IDEA: USDJPY @4H market in currently in a bullish flag pattern giving us that nice market recovery after yesternight's USD fundamentals, this is actually a nice setup for swing trading as day traders dive to the 1h for further market confirmations.
It's great to see you all again and discuss USDJPY today, promising to be a highly effective strategy.
Overall, USDJPY has demonstrated its strength with a remarkable breakout above 146.75, completely breaking free from the sideways trend and ending the previous strong uptrend. It's an impressive move from the bearish side up until now. Currently, this currency...
Currently, USDJPY is displaying a sideways trend on the chart. There are two important levels to note: resistance at 148.15 and support at 147.28.
The market is currently cautious, especially with upcoming policy announcements from the Fed, which could potentially increase the value of the US dollar, even though US bond yields are weak. Additionally, the bleak...
