SHORT AT 147.500 SL 147.710 TR 146.955 this is counter trend trade good risk to reward but less probablity trade
usdjpy has been rallying all the way from april and a little bearish move during 6-13 jul 23 now the price has reached almost to the previous high and resistance zone on daily time frame we noticed the price has created the evening star pattern (bearish) and on medium time frame price a made impluse movement seems like liqudity grab and with two candle...
Usdjpy sell now @145.787 Sl 152.000 Target one 143.723 Target two 141.180 Target three 138.638 Target four 135.019 Target five 130.409 Target six 127.500 Target seven 117.095 Open this trade with 0.01 lot each position open seven positions i recommend all of you only open this trade if u have equity more than 500 usd then only open this trade otherwise ignore but...
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.
USDJPY Market make a tringal pattern wait for breakout .........sd
Market breakout a tredline that reason martket go up USDJPY
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...