USDJPY ShortFX:USDJPY
A Good Consolidation flag breakout has seen in USDJPY, if it gives breakout and retest then take entry.
plan your trade accordingly and manage your risk to reward ratio.
USDJPY
3 Highs setup in USDJPY. Below The Red Line!Hello Traders!
1. We see 3 consistent higher highs formed with no retracement broken .
2. Sell Below The Red Line .
3. Stop may be updated if the market breaks high before our entry is done.
4. I'll be posting a full tutorial on the 3 Highs setup during the coming weekend.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
USDJPY shorting oppurtunityUSDJPY can be shorted at the marked level for target placed and SL on chart.
USDJPY lures buyers ahead of Japan GDP, US inflationUSDJPY snapped a three-week uptrend as traders await Japan's Q4 GDP and the US Consumer Price Index (CPI) with mild losses by the end of Friday. While a U-turn from the 50-DMA played a major role in calling bears, the bulls aren’t off the table as the pair remains beyond the previous resistance line from late November, around 129.00. Even if the pair breaks the resistance-turned-support line, January’s bottom around 127.20 and May 2022 low near 126.35 will be crucial for the pair sellers to conquer before taking control. It’s worth noting that the RSI appears mostly steady and favors the trend line break out.
Alternatively, the 50-DMA surrounding 132.30 appears immediate hurdle to restrict the immediate USDJPY upside. Following that, January’s peak near 134.80 and the 200-DMA near 136.80 could act as additional challenges for the bulls to cross before approaching the driver’s seat. It should be observed that the 50% Fibonacci retracement level of the pair’s May-October 2022 upside, around 139.10, precedes the 140.00 round figure to act as the last defense of the pair bears.
Overall, USDJPY bears are less convinced ahead of the key data/events.
Symmetrical Consolidation in USDJPY.Hello Traders!
1. We have a symmetrical consolidation pattern in USDJPY on multiple tfs.
2. The consolidation appears to be more bullish than bearish.
3. PNL has been set for entry and stop levels. Stop levels may change in case stop level gets hit before the entry is done.
4. Always take a slight buffer when going towards buy side since there is pip difference in buy and sell prices.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
USDJPY Sell trade opportunitiesUSDJPY Sell trade opportunities
The pair is currently in a retracement, which provides an opportunity to sell the resistance level as we mark on the chart waiting for the market for a good entry.
#USDJPY Analysis #trend ,#Momentum,#volume pricerelation #HFHiii
dear TV
I ovserve a momentum shift in the USDJPY towards for uptrend ,
Tools i used
COCEPTS
☆ FIrst i USED Higher time Frame Analysis beacuse It dominate on lower Timeframes . All MARKER always Follows HTF
☆ I plot curve line as max wick touch with vol relation. for increase accuracy
☆ Monthly trend indicator line rule
.if price crossedup it will go UpTrend
crosseddown go DownTREND
☆ I changed vol color so we see where market maker order placed on chart
as i explain earlier marker maker buy at lower price and sell at higher ,
eg when price going lower they buy with heavy postion slowly which causes spikes in volume and price i maked on the chart .
known as wick or liquidity traped points
☆ momentum line shows shift in the Trend momentum
☆ curve drawing line for capturing exact momentum line
I used HA chart for showing momentum !
Thanks
USD JPY SELLsell usdjpy is good opportunity right now :
Key point are :
1. strong supply area
2. point of interest footstep of big institution
3. take inducement
4. good risk reward
if analysis helpful than plz support
USD/JPY Symmetrical Triangle PatternSymmetrical Triangle Pattern is seen in USD/JPY hourly chart. we can go long if price breakout above the resistance with strong bullish candle. or else we can go short if price breakdown below support with strong bearish candle.
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Short term downtrend with the indication of trendlines.The demand is between the downtrend lines. Hence, the candlesticks respect the behaviour. USD pairs are on the fall due to high valuations and downtrend patterns.
USDJPY is ready to refresh multi-month lowEven if the USDJPY pair posted the biggest weekly gains in seven in the last, it remains inside a bearish channel. Additionally keeping the Yen pair sellers hopeful is the quote’s repeated failures to cross the 100-SMA. That said, the quote currently drops towards a one-week-old support line, close to 128.00. However, the May 2022 low will join the lower line of a five-week-old descending trend channel, near 126.35-30, to pose as a tough nut to crack for the bears. In a case where the pair remains bearish past 126.30, the odds of witnessing a slump toward the 120.00 psychological magnet can’t be ruled out.
Alternatively, USDJPY can witness short-term buying in case of a successful upside break of the 100-SMA, close to 130.75. Following that, the top line of the stated bearish channel, around 132.50, will be important for the Yen pair buyers to watch. It should be noted that the 200-SMA level surrounding 132.85 and the 133.00 round figure act as additional upside filters before giving control to the bulls.
Hence, USDJPY bears are in the driver’s seat even if the 126.35-30 support confluence challenges further downside.
