Hi Everyone
Welcome to another trading idea, here we have usd/jpy which looks really bullish for like a month or two. if you trade in forex or wanna trade forex than this is the good bet.
If you need any clarification of buying area, please leave comment
Thank you
Chart is self-explanatory. we have the breakdown from the range on the hourly timeframe and we are seeing a re-test of the pivot level now. Target is the depth of the pattern and the stop is above the range.
usdjpy is tapped h4 demand and the price is changed as an uptrend in the h1 time frame from the h1 demand zone the price may move up
it is educational purpose only.
. We can see clear w pattern on usdjpy which tells that we can 100k for shorting opportunities following are the zones marked which I believe can act as good supply zones
USDJPY on daily time frame is forming W pattern
With W pattern there comes a shorting opportunity
If W pattern is formed then following can turnout to be a good supply zones
Hello guys i had find this setup in 4h time frame which respected trendline and broken structure we have a good opportunity to go long with below support sl and tg at near resistance and also do your own analysis before taking trade thank you
US Dollar against Japan yen reaches the end of downtrend , it may hit the support zone and do the reverse movement upwards this week. Hope USD will be strong to push the pair higher..
USDJPY Analysis: Price is currently above trendline heading towards resistance zone price 111.863 When price reaches expect slight retracement around same resistance price Long-term daily timeframe
Long position, at-least for 20 days . It's the perfect test of patience by hodling your profits. Good luck.
check graph for more info.
Follow me guys, so I will update more frequently with greater analysis.
Disclaimer: My views are not written on stone and can be sometimes wrong, since no one is 100% sure in stock market. Consult your financial advisor before...
