CHECK PREVIOUS POST on April 29. The overall trend is bullish. looking to go long at the mitigation of the 1hr ob.
The USD/JPY pair has still some room to fall, though a very lucrative entry level for Dollar bulls is just around the corner. Around 152.00, not only a pivotal level and the 55-day Simple Moving Average (SMA) is nearby, but also there is a long-term ascending trend line just beneath to provide support. This makes it the perfect entry level for any US Dollar buyers...
Today gonna be watching out for the ninja. Overall Bullish bias so will be waiting for a sweep of the Asian accumulation and hope to get an entry inside the discount PD array and the buy side imbalance sell side inefficiency. Better Stops after we get an entry. Targets will be on the daily highs. NB: haba na haba hujaza kibaba
Pair Name : USD/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 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 ) Type : Mid Term Swing ——————————— Bearish Retest 155.500...
Looking for a sell opportunity. Reason to sell: 1) Breakout uptrend line 2) forming 'M' Pattern in 5 minute chart - Use proper risk management. Thank you
These are the places where the Bank of Japan might step in to influence the market, but they won't announce it when they do. so be extremely careful as the price rapidly decreases
Dear Traders, it seems correction finished, and we will have rally to LL i expect price start downward movement to 147 , what you think about my idea? regards, Alireza!
USDJPY - SELL (DONT MISS THIS TRADE) 157.00 is a good level to loo for sell, or it can go above by wick and drop harder 600pip+ if you u got the sell setups on this levels dont miss them, also risk small and use SL V.Ragu
Looking for a buy opportunity. Reason to Buy: 1. waiting for a breakout and retest of downtrend line 2. making 'W' pattern in 5 and 15 minute chart. Use proper risk management. Thank you
Please, check our technical outlook for USDJPY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 156.444. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 160.958 level. P.S The term oversold refers to a...
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 155.80, which is an overlap resistance Our take profit will be at 153.36, an overlap support The stop loss will be placed at 157.93, which is a swing high resistance High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not...
This is wycoff wave Great ratio hope this goes well Use risk managment Good luck
-On this daily chart i see an interesting bearish big shadow that is sparking my interest in shorting uj. -The big shadow, is a 2 candle-stick reversal signal where the trigger candle completely engulfs the previous candle. -
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Hello to all dear traders, Regarding the Japanese yen currency, the necessary confirmations have been given to start the correction. Therefore, we should carefully wait for the decline and start a great long-term trade at the right time. This currency has not had a proper correction so far, so selling movements in the coming days, especially next week, will show...
price at resistance level + bearish shark pattern + RSI divergence ; price might reverse and retest 155.2 PS never risk more than 2% of your capital per trade
Wait for the stop hunt, there will definitely be a wick. Goodluck #1Boy
Following the USD/JPY's ascent to 160.200, the currency pair underwent a reversal, marked by a retracement to the 50% Fibonacci level and subsequent bearish momentum, driving prices down to approximately 151.885. In Japan, Masato Kanda, a prominent figure in currency diplomacy, hinted at potential measures to address market volatility, signaling possible...