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
USDJPY Buy Idea Wait for conformation and enter the trade
Usdjpy All jpy pair touching their lows during last fundamental jpy broke its zone of 130 which was acting as a support for one month.Now for this week we can see price movement within a descending channel and very soon price will test again a solid support zone of 126. Where we will see a little bullish move upside but remember for good and healthy trend move...
Usually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above...
Prices are moving up in an impulsive manner. One should buy on cmp or any dips, keeping SL of 114 look for the tgt of 117
USDJPY long Risk/Reward: 1:3 Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
USDJPY Short Risk/Reward: 1:3 Give a Like and Feel free to share your opinions in the comment! Thanks 😊
USDJPY Long R/R: 1:3 Feel free to share your opinions in the comment!
The daily and weekly is in strong buy trend. Going down to the lower time frame the market has just reversed from a bearish to a bullish market. So we are on this trade. We will look for another entry even if stop hits.
will be going for buy at this level. If stop hits, then again go for buy after coming back to retest the trend line or to the marked zone area.
Potential deep crab on USDJPY. If Point C is broken then this structure is invalid. PRZ 119-121. Target 1 - 115, Target 2- 112.5
Levels on chart.
USDJPY has formed a classic inverted head and shoulder pattern on a daily basis. The prices are trading very close to the neckline and we might see a breakout soon. furthermore, the weekly chart has formed a bullish engulfing pattern as well that supports the bullish argument. Like always, the price can take two paths, the first one is highlighted by the blue...
USDJPY registered a breakout from the neckline of the inverted head and shoulder pattern on 4h chart. The prices are already close to achieving the first target of 107.274. A hold above this level, next target will be at 108.014. On the other hand, 106.497 and 106.115 are the support levels. Either of which can be the stop loss for the trade. So choose depending...