Hello dear friends, We have a Longs provocation in Bearish Balance. Good opportunity to jump into the trade :) Good luck, With Best Regards, Logical Knight
FX:USDJPY So After the yesterday news party popper, UJ still showing bearish signs , you can either wait for break or enter with the Stoploss
usdjpy potential short. not as clean as usdcad, still a viable trade with miniscule Sl though.
See Fibs align w/ Supply zone, as well as overall bearish trend.
USDJPY Potential Short Confluences: Overall Bearish Trend (HTF) Fib Level nearing .709 & .79 Entries (Ideal) Price approaching Swing High Resistance & Institutional Resistance
double top. 78% rejected again. waiting for TL break for a definitive drop
FX:USDJPY UJ hitting supply zone and despite all roses and flowers for trade tensions, it still expected to retrace from here
Hey tradomaniacs welcome to another free signal of Week 36 Nr. 11 How to trade: Wait for the retracement to our entry and sell. Risk-Management: Remember that we`ll get to see the Non-Farm-Payrolls this friday. Swings should be closed until then or traded without any risk left. ----------------------------- Type: Day-Swingtrade ...
Not a trade I would personally take. Broke previous swing high/low trend, could retest on trendline for bullish momentum. If you do short, please draw fibs for bullish momentum and consider the trendline.
Don't think I would take this trade personally, but here is my bias for UJ.
USD/JPY Short Idea (5/29/19) 1HR Chart - Looking at a double top off of the 200 EMA and a disturbance level - DXY is looking like its going to be bearish so then UJ should also follow - Looking for price to come down to 109.140
MY 1ST CONTRIBUTION. FEEL FREE TO CRITIC. THE NEWS DROP FROM A FEW MONTHS AGO SEEMS TO BE ACTING AS A STRONG MAGNET, AS PRICE SEEMS TO BE STRONGLY DRAWING (LITERALLY) LOWER. SEEMS WE COULD BE HEADING FOR A RETEST. ONLY IF PRICE BREAK STRUCTURE SHALL A BUY BE CONSIDERED. POTENTIAL TO THE 50 AND 61 IS FAVORED. AS ALWAYS NO RETEST NO ENTRY.
USDJPY Has broken structure and made new lows so now we can expect a correction to highlighted zone for best possible entry and an impulse to fib extension levels.
Hey tradomaniacs, welcome to another free signal! ----------------------------- Type: Swingtrade Sell: 111.316 Stop-Loss: 111.533 Target 1: 110.754 Target 2: 110.693 Point of Risk-Reduction: 111.063 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t...
UJ is in money spot! Higher timeframe. This trade is for higher timeframe which means it will take a big moves. so be careful with your SL.