USDJPY
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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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
💡Don't miss the great buy opportunity in USDJPYTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (107.800).
. 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Take Profits:
TP1= @ 108.531
TP2= @ 109.201
TP3= @ 109.757
TP4= @ 110.385
TP5= @ 110.859
SL= Break below S2
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in USDJPY". There is still a possibility of temporary retracement to suggested resistance line (107.807).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDJPY is in a downtrend and the continuation of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.
Take Profits:
TP1= @ 107.298
TP2= @ 106.943
TP3= @ 106.687
TP4= @ 106.238
TP5= @ 105.837
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️