USDjpy declining to test blue support SCD band on daily time frame. Looking for reaction from buyers on smaller timeframes as price approaches that levels Reversal candle- buy 141.57 If price continues to decline I will look for more buy setups Let’s see if buyers will push price higher to test top bolinger on daily again.
USDJPY is trading in declining phase and making LH and LL.I opened my position when he breaks to LL point. You can open the trade according to your risk management.
Hey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 140.800 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 140.800 support and resistance zone. Trade safe, Joe.
Pay special attention to colored level, trend, canal and don't forget about SL (red levels). MT
Price is approaching a major 23.6% Fibonacci retracement which also happens to line up with a pullback support. There is a fair bit of bullish momentum with an ascending support line and a bullish ichimoku cloud. A bounce from here could see prices rise to retest the recent swing high at 144.73. Please be advised that the information presented on TradingView is...
This is the first wave of our upside. Rejected and bounced back up, therefore showing 142.00 is our support and as such we expected the bullish move. Now we wait for break of structure and retest of the break and continuation before entering. With clear and direct rules, we mess with money and miss what the market says according to our plans.
#USDJPY... market alnear to his supporting area 141.90 arround .. It will play key role in today and current week.. Any weakness below 141.90 will leads you towards donwside mentioned levels otherwise not .. Trade wisely Good luck
USDJPY SELL Entry point :- 142.050 Stop lose :- 143.017 Target 1 :- 141.083 Target 2 :- 140.116 Target 3 :- 139.149 Target 4 :- 138.182
Friends, please support this idea with a BOOST if you find it useful. Reason: - The price is now trading near a strong support area . - Weaker resistance till Target 1. Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you...
More bullish than bearish on this pair, and the first entry is for it to break back into structure before looking for buys, it could reject from the 61.8% but i will still wait for the break back into structure first before going long. On the other hand if it breaks the 61.8 % and make a lower low close on the 15m I will look to go short.
USDJPY bearish trend as printing lower highs and lower lows as per 1hour time frame.
An important level has been broken and the price has pulled back towards it. On the other hand, the dynamic trend line is waiting for price collision. As a result, it is a good place to think about selling.
As we can see price is dumping and we can expect soon more dump here and at least we are looking for -300pips. DISCLAIMER: ((trade based on your own decision)) <
In the Asian session, the USD/JPY pair has attracted buyers and experienced a rally, reaching near the 143.00 level. The pair has gained momentum, up 0.57% on the day, recovering from Friday's decline to a one-week low at 142.06. This recovery coincides with the US Dollar Index (DXY) making a solid comeback early on Monday. Investors are currently digesting the...
Based on the current market price, let see if this is going as expected
Price dropped as I expected before. It pulled back and and faced with a a good resistance.It is ready to drop again. Sellers are coming _ Trade safe Please support me with your likes and comments
i am expecting price to trade higher before selling, as you can see, two areas i will be looking at as price approaches them.
In the previous trading session, the USD/JPY currency pair encountered a significant level of support around the 142.000 price area. Presently, the price is exhibiting signs of a potential recovery, as indicated by the Relative Strength Index (RSI) recently exiting the oversold region. Given these developments, we are actively seeking a long trading setup in this...