1. for pullback trader or people on short side will trade based on lower low and lower high formation but price movement on down side is bit slow and steady if price reacts on 2nd poi but, does not break the recent (internal lower low) of 141.500 and makes higher low this make the short trade very choppy mind exhaustion 2. for long side trader price might...
1. Trade pullback ? >>> let price get back to POI for entry with sl above POI (offers good R:R) >>> follow the lower high lower lows pattern >>> exit on price switching to higher low 2. Conservative Trade ? >>> wait for the price to get a DISCOUNTED ZONE (fib 0.5 from recent swing low to high) >>> long on swing making higher low and higher high (avoid...
In contrast to sterling, which reached 15-month highs after data on wage growth fueled hopes that the Bank of England (BoE) still has room to raise rates, the dollar fell to a two-month low on Wednesday ahead of a critical report on U.S. inflation. The Bank of Japan (BOJ) is expected to announce adjustments to its ultra-low interest-rate policy at its meeting...
Go for buy from these zones. But keep in mind sl and tps. Good luck.
USDJPY – What's the intervention threshold? In September of last year, the Bank of Japan (BOJ) made a move in the market to strengthen its currency when it reached 145 against the USD, marking the first such intervention since 1998. This action was taken following the BOJ's decision to maintain an extremely accommodative policy (a policy that is yet to change...
Trade Analysis : Swing USDJPY UPTREND Trend analysis on USDJPY Trend Identification: Swing Uptrend USDJPY. Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points. Price Behavior: Daily Bullish pullback with market structure. Targets: T1 = 141.00, T2 - 142.500. Risk Management: Set appropriate stop-loss levels to...
FX:USDJPY As you can see that, From past 1week USDJPY is in uptrend and now it is going to take some consolidation and pullback like SMC. Created a horizontal good support and it is good to scalp and capture some pips. take retest entries. plan your trade accordingly....
Trade Analysis : USDJPY UPTREND Retracement Channel analysis on USDJPY Trend Identification: Intraday Uptrend Pullback in USDJPY. Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points. Price Behavior: Bullish pullback with market structure. Targets: T1 = 136.500, T2 - 140.00. Risk Management: Set appropriate...
As we can see on PEPPERSTONE: USDJPY setting up for another possible trade setup. At least according to my entry rules. If price reach to FVG or POI, on lower TF I'm looking for structure shift as my entry confirmation. Please be mined this is not confirmed entry setup.
We saw USDJPY Short Because, USDJPY Descending Trend line Breakout or make Double Top.
USD/JPY struggles for a firm direction, stuck in a range around 133.00 mark Growing worries about a deeper global economic downturn drive some haven flows towards the Japanese Yen (JPY), which, along with the prevalent US Dollar (USD) selling bias, act as a headwind for the USD/JPY pair. It is worth recalling that the International Monetary Fund (IMF) trimmed its...
FX:USDJPY As we can see that USDJPY has created an Inverted Head and Shoulders in 1HR Time frame, If it breaks the neckline and again it retest the level then we can plan for buy side. Plan your trade accordingly...
USDJPY Analysis wait for breakdown or rejection and candlestick pattern
Symbol USD jPY Time frame 2 hours Analysis; Break out from the down Trend movement. Buy at 131.023 stop loss 130.55 target is 132.8 risk 2 reward ratios 4.8 NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Happy Trading
FX:USDJPY As you can see USDJPY has created a channel and it already given a breakout in 4HR timeframe, wait for pull back and taken entry on buy side. plan your trade accordingly...
This is my view on FX:USDJPY . I got a breakout of falling wedge on a LOW TF after a retest of a previous support (Flip zone), which is actually on a bullish on the HIGHER TF.
FX:USDJPY As we can see in usdjpy a strong trendline breakout happend in 1hr and we can plan for buy side if it retest. plan your trade accordingly.
usdjpy sell @ 136.021 stop loss 137.200 target one 135.259 target two 134.118 long term target 127.100 open sell and thanks me later must use same lot in all 3 position trade is for educational purpose only not a advice