GBPJPY has been on an upward trend channel for quite long time. It has approached a major resistance level now and has completely formed a head and shoulders at the resistance. It may fall a little, but the trend is still bullish. Let's see if the bullish run will end or not.
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (87.12).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
CADJPY SELL SETUP FOUND
as we can see that cad jpy was bullish from last few days now it has broken trendline, i can expect a good sell from cadjpy after retracement
CADJPY SELL SETUP FOUND
as we can see that cad jpy was bullish from last few days now it has broken trendline, i can expect a good sell from cadjpy after retracement
aud jpy buy setup found
as we can see that aud jpy was coming in sell direction from long time and now here is just broken the channel and what i can expect from aud jpy is retracement at channel than i will buy aud jpy from my target area
aud jpy buy setup found
as we can see that aud jpy was coming in sell direction from long time and now here is just broken the channel and what i can expect from aud jpy is retracement at channel than i will buy aud jpy from my target area
usdjpy sell setup found
as we can see that usdjpy has broken the channel and now market wanted to retrace it,
we can have a great opportunity to sell usdjpy on retracement level
usdjpy sell setup found
as we can see that usdjpy has broken the channel and now market wanted to retrace it,
we can have a great opportunity to sell usdjpy on retracement level
Condition:-
1. Daily Channel Formation
2. Support and Resistance
3. Demand and Supply
4. M Formation
5. COT data - 1.EUR ⬆️ 2. JPY ↕️
ENTRY:-
1. Enter on 4hr timeframe
2. follow the analysis
ALL THE BEST!
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (76.91).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
NZDJPY potential buying opportunity, the weekly chart shows an impulse - correction pattern, after every impulse & correction next impulse is formed.
Things to consider:
1. Strong weekly impulse followed by short term correction
2. Correction wave retraced 0.382 Fibonacci level and rejected 2 times
3. Price is moving up from strong weekly support
4. COT data:-...
EURJPY strong sell now!
Things to consider:
1. Channel formation on daily timeframe
2. Bearish momentum (check MACD & MAs)
3. COT report :- 1. EUR - 33k ⬆️ 2. JPY - 61k ⬇️
How the enter:
1. Study my analysis
2. Locate all the important price areas
3. Entry level is already hit so enter on monday when market is up
4. SL, TP 1 AND TP 2 are given in the chart
5. 2+...
Potential down move on AUD/JPY 📉
Things to consider:
1. Triangular Formation
2. MACD and price downward momentum
3. COT data shows AUD is being short and JPY is also being short so overall strong down movement upcoming
How to enter:
1. Entry after the weekly resistance is broken
2. Entry should be on 4hr timeframe for better R:R
3. Enter when storng down momentum starts
FX:USDJPY
Market is Ranging between 110.358 and 110.051
There is a Buying Opportunity above 110.385
And a Selling Opportunity below 109.989
Wait unlit it breaks these levels or 30min candle closes above this levels.
Trick :
For impulse entry trade at London or NY Timing,
When 30min candle cross these levels switch to 1min or 5min time frame for best...
