USDJPY
💡Don't miss the great sell opportunity in USDJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (110.31).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDJPY 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 dynamic resistance.
. The RSI is at 24.
Take Profits:
TP1= @ 109.72
TP2= @ 109.27
TP3= @ 108.96
TP4= @ 108.55
TP5= @ 108.32
SL: Break Above R2
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USDJPYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said in the last weeks ..,as I said last week, the UJ is forcing the 0.5 Fibonacci zone, which it could retest in the next period.
now it is in a period of range and I will wait to see how it closes this month!
A monthly closure over Fibonacci 0.5 even for 1 day will make me think of BUY up to the Fibonacci 618 undfe area ... DOWN AGAIN!
a rejection from the Fibonacci 0.5 area and a close below this area will keep my idea of SELL for at least 150-200 pips
THIS WEEK...as I said ... UJ touched and forced the Fibonacci 0.5 area from where he had a strong rejection!
even if he retested the area once more ... I think he will start a retreat first towards 109,700 and char 108,460!
however, a close even for a day over Fibonacci 0.5 opens the opportunity to BUY to the Fibonacci area618
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
USDJPYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said in the last weeks ..,UJ forced the Fibonacci 0.5 zone from where it rejected and re-entered the range zone we were talking about in the past weeks!
I still bet on a descent to the 108,460 area and from there UP AGAIN
however ... a closure even for 1 day over the 111,000 area makes me think again of BUY up to the 12,800 area which is my final target for this period!
THIS WEEK...as I said last week, the UJ is forcing the 0.5 Fibonacci zone, which it could retest in the next period.
now it is in a period of range and I will wait to see how it closes this month!
A monthly closure over Fibonacci 0.5 even for 1 day will make me think of BUY up to the Fibonacci 618 undfe area ... DOWN AGAIN!
a rejection from the Fibonacci 0.5 area and a close below this area will keep my idea of SELL for at least 150-200 pips
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
USDJPY
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said in the last weeks .., UJ has forced the trend line formed in recent years and strongly rejected!
UJ is in a range area between 110,200 and 108,200 but as you can see from the trend line for 1 week and from the Fibonacci for 1 month ... it is a lowering range reason why I will continue to look for SELL even if UJ will test the trend line again! |
However ... a close even for 1 day above the trend line forces me to think of BUY until the Fibonacci 0.5 area from where ... DOWN AGAIN
THIS WEEK...UJ forced the Fibonacci 0.5 zone from where it rejected and re-entered the range zone we were talking about in the past weeks!
I still bet on a descent to the 108,460 area and from there UP AGAIN
however ... a closure even for 1 day over the 111,000 area makes me think again of BUY up to the 12,800 area which is my final target for this period!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
USDJPY | BUY IDEA USDJPY on strong Key level and its now broken with strong bullish candle.
And now it came down for retesting and created bull candle against key level.so its confirm that it will go up and touch our TP levels.
Suppose if seller pressure high and if it going to down then it will touch trendline support and go up with respect to trendline.
So if you can agree with my analysis then you can enter with my Signal.
BUY USDJPY @109.39
TP 1 :109.685
TP 2 : 109.970
TP 3 : 110.424
TP 4 : 110.954
SL : 108.293
Good luck.
#UMANGDAIRY #stockmarket Flag pattern breakout retest 25% return#UMANGDAIRY
NSE:UMANGDAIRY
CMP: 58.80
Target: 73++
Might hold above 73 as well.
Stop Loss: 48
Time frame: Less than 2 months.
Keep trailing stop loss.
Factors:
Rising Volume with rising Prices.
Channel Median breakout.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher High & Higher Low.
Broken above resistance.
Trading at support.
Fundamentals are strong.
Risk Return Ratio is healthy.
And
Bullish Wedge FLAG formed.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
💡Don't miss the great buy opportunity in USDJPYTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (108.65).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDJPY is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 45.
Take Profits:
TP1= @ 109.15
TP2= @ 109.50
TP3= @ 109.95
TP4= @ 110.40
TP5= @ 110.95
SL= Break below S2
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. . . . . . . . Hit the 👍 LIKE button,
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Trade well, ❤️
ForecastCity English Support Team ❤️
A long term buy in USDJPYThe market has provided a nice impulse move towards the upside and came down for a minimum retracement at a 38.2% of fib retracement on a weekly time frame. Going down to the lower time frame the market has shifted from a 4 hr bearish market to a bullish market. So we took this trade with a good 1:2.5 risk to reward
Long on USDJPY based on previous trade ideaRefer my first trade idea for the full picture.
1.Price has broken swing highs
2. Points of Interest (POI)/Demand zones that sponsored the breaks have been marked.
3.based on how price approaches and reacts to the POI, longs can be taken.
Trade Plan:
On lower time frames where structure is clearly discernable, we wait for a break of market structure to the upside and enter on the rectracement.
USDJPYUSDJPY looks bullish
all the key levels are mentioned in chart with stoploss and targets
i am not trading this script, this just for educational study purpose only
Overall Monthly Waves Trend
DISCLAIMER
i am not a sebi registered analyst
my studies are for educational purpose only
consult your financial advisor before trading or investing