I always suggest the big positions because most of the time you get the most profit
I want to try this sell, 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.
Double top plus bounce on resistance means bullish trend up to 300%~423%. There is also a bullish flag pattern. SL on LL or just below support or follow as directed. Bullish TP 164.899 SL 159.900 Note: Chart can reverse on 161% of fibonacci.
Hello dear friends. Overall, USDJPY remains stable at a high level. Strong support at 150.00 cannot cause USDJPY to break out of 152.00 and towards the ultimate target of 150.00. Currently, USDJPY is trading at a new high of 151.34, marking a 0.02% gain on the day. However, investors still lack motivation to push prices back up. With the current trend, I expect...
hey guys here's what i am looking at on UJ, if the support lv of 151.723 holds i will be expecting price to further push downwards with my first target lv at 150.820. if this analysis helps please leave your support.
USD/JPY, H4 1 April 2024 The Japanese yen maintained its position amidst authorities' warnings of potential currency intervention. Japanese Prime Minister Fumio Kishida emphasised the government's readiness to address excessive currency market movements, signalling potential Bank of Japan intervention if deemed necessary. However, the yen's gains were tempered by...
USDJPY started accumulation process after spike. As I see this accumulation price range stays above previous accumulation range - this is bullish signal for me. Also range's borders not so wide and i can enter with short SL.
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! 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...
Taking into consideration my fundamental outlook on USD for 2024 including time cycles i have calculated which are not included in this chart overview. I anticipate a bullish rally for USD/JPY to the next quarter point ''175.000'' If you would like to know more about my fundamental outlook and pairing it together with time cycles and technical projections please...
G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD...
Price is currently on a swing high resistance level and could reverse from this level to our take profit Entry: 151.711 Why we like it: There is a swing high resistance Stop loss: 153.213 Why we like it: There is alignment of a 61.8% Fibonacci retracement Take profit: 148.721 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci...
Looking at USDJPY on monthly timeframe, I noticed a large reverse head & shoulder pattern which is a bullish pattern. UJ needs to come back to retest the neck line and provide some bullish candles in order for us to go for a long. First: UJ must crashed to neck line = Short opportunity Second: Once UJ retest neck line and gives bullish confirmation = Long...
FX:USDJPY 4H Time Frame Trade Idea for the Week 4/1/2024 TO 4/5/202
USDJPY Pivot 151.340 - If the price is higher than the pivot, Long target TP1 at 151.550, TP2 at 151.980 cut loss if the price is lower than the pivot. - If the price is lower than the pivot, short target TP1 at 151.000, TP2 at 150.170, cut loss if the price is higher than the pivot. ***Please money management***
Hey Traders, Check out this technical analysis on USDJPY; it appears to be undergoing a small range pullback, potentially indicating a bullish momentum continuation. However, I would recommend waiting for a proper retest of the broken key level before considering a buy-trade entry. Alternatively, there may be an opportunity for a sell trade if the market...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
As we said before we are looking for bear market here but first we can expect a short-term rise and stop loss hunting and then after that dump is ahead. also the dump can start from this red zone too which is strong resistance. DISCLAIMER: ((trade based on your own decision)) <
- Timeframe: Weekly chart shows RSI Divergence - Trade Bias: Shorting opportunities favored Analysis: - Weekly Chart: RSI Divergence signals potential reversal - 4-Hourly Chart: Waiting for retest of previous resistance at 151.74 for short entry - Combo Trade Strategy: Stretching targets for lower risk and higher returns Combo Trade Strategy Explained: -...