Hello,Friends!
We are now examining the USD/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 141.885 level.
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On the weekly timeframe, Price is on an upward trend.
Some of the Liquidity Targets were taken out like the Imbalances on the LTS,
Now price is trading within the imbalance zone.
Target is POI above imbalances
I will need volume confirmation to capture longs to the upside.
#SLOW IS FAST, FAST IS ENDGAME
#ONE GOOD TRADE
#SURVIVING IS WINNING
USDJPY nicely followed the path I gave yesterday () , dip down from PZ to the BZ and came back up. I was short AUDJPY which played out well, but today it seemed that DXY will have a down day.
USDJPY is still in a consolidation in a triangle type formation. But I am looking for a down in USDJPY thus on break of the PZ, expect further downside to 143.06 and 142.90...
Hi everyone posting this trade yesterday. 1st trade hit SL so we lost 1%. Second trade reacted beautfully off 5 minute order lock after filling FVG. 50% partials at 5R, 20% partials at 8R letting the rest run to full TP at 10R. Profits so far significantly outweighed loss. If anyone took this trade enjoy youre money :)
The dollar has been very strong versus the Yen lately. Price has reached yet another high and i believe its like to retrace bearish. The sellers have stepped in a provided some indecision and buy exhaustion. The blue 8 exponential moving average crossed to the dowside below the 21 simple moving average and price began a minor downtrend. This usually occurs before...
Headline: USD/JPY Primed for Breakout from Channel Pattern, Anticipated Bearish Momentum with Targets at 141.980 and 138.950
News:
The USD/JPY currency pair has remained within a channel pattern for an extended period, but traders are eagerly awaiting a potential breakout as it approaches a critical resistance area. Adding to the anticipation is the upcoming...
The dollar against japanese yen is flying like a rocket. previous idea did not see thats coming.
Follow for more.
This idea is weekly. We might see a breaker on that sharp move below on the left side.
Trade base on your own decissions.
This is not a financial advice.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Preferred direction: SELL
Comment: The impulsive movement of the yen continued all the same, however, the current approach of the price to the level of 144 promises potential sales for the currency pair. In addition, the dollar is expected to weaken, that will undoubtedly contribute to the fall of this pair. The area considered as a target for sales 141.327 -...
Here is my analysis for USDJPY on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my latest structure analysis for USDJPY.
Horizontal Key Levels
Resistance 1: 143.54 - 144.10 area
Resistance 2: 145.10 - 145.60 area
Resistance 3: 148.70 - 148.90 area
Resistance 4: 151.70 - 151.90 area
Support 1: 142.00 - 142.50 area
Support 2: 140.60 - 141.45 area
Support 3: 137.40 - 138.80 area
Vertical Key Levels
Vertical Support 1: rising...
USDJPY is trading in the ascending channel , making higher highs and higher closes.
Price is returning to the support level as a result of the market's pullback.
The marker is likely to go up from the kill zone.
We expect a retest of the resistance level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
USDJPY / 1D
Hello Traders, welcome back to another market breakdown.
USDJPY has been trading in a bullish trend, I'll be looking to joing this trend in the next pull-back phase.
Trade safely,
Trader Leo
USDJPY could fall towards an overlap support that aligns with the 38.2% Fibonacci retracement level. Price could hit the buy entry at 142.251 and potentially reverse to bounce higher. Take profit is at 143.871 which is a recent swing-high. Stop loss is at 141.272 which is an overlap support that aligns with the 61.8% Fibonacci retracement level.
Please be advised...
EVERY CANDLE HAS LIQUIDITY.
PRICE ALWAYS NEED LIQUIDITY.
Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
If you guys like my analysis please hit like?? and follow.
Thanks.
DISCLAIMER- This is not financial advice.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
