USDJPY Trade SetupThis is for short term trade.
Reason for the trade
1.Its not break the demand.
2.Its respected the QML line.
3.Still the trend is in up in HTF
Please do your own research before entering the trade
Usdjpybuy
This is a trade idea for USDJPY.1. This idea is based on pure market structure and order flow.
2. Trade according to your risk tolerance.
Not an investment advise.
USDJPY 1H BUY PROJECTION 19.09.24Reason for Bullish
USDJPY Correlation
In fact, what drives the USD/JPY pair the most is monetary policy divergence between the Fed and the BoJ and risk sentiment. In normal times, when there's risk on sentiment you can see the USD/JPY appreciating all else being equal, while during risk off flows you can see the JPY gaining strength.
USDJPY R:R :1:4 FOMCThis is for short term
Marked Possible Buy zone
Wait for FOMC release
Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter
And this is risky too.
Please DYOR before entering the trade.
USDJPY Upward movement Potential with RISK:REWARD 4Symbol 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 touching its major supportUsdjpy
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 price should break this either on both side.. Around 126 zone all support acts like horizontal and and vertical if price hold this support zone after retest we can take entry within a following channel
USDJPY: Bullish TriangleUsually 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 the level of wave-d. The minimum target of the pattern is just a poke above the level of wave-b and just above the level of wave-3 of the impulsive count. There is also a guideline to predict the target of this pattern which is known as triangular thrust. The triangular thrust is the measurement of the distance from the level of wave-a to the level of wave-b . This measured length should be kept at the point of completion of wave-e (conservative approach) or to the breakout level of wave-d to get the target of this pattern (aggressive approach)
USDJPY: Bullish sequencePrices 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 longUSDJPY long
Risk/Reward: 1:3
Give a Like and Feel free to share your opinions in the comment!
Happy Trading 😊
USDJPY ShortUSDJPY Short
Risk/Reward: 1:3
Give a Like and Feel free to share your opinions in the comment!
Thanks 😊
USDJPY BuyingThe 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.
USDJPY Buyingwill 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.
USDJPYCurrent Trend Down
TG1 = 103.736
TG2 = 103.424
Upside Trend (Possible BReakOut ( Economical News ))
TG1 = 104.191
TG2 = 104.610
TG3 = 104.865
Potential deep crab on USDJPYPotential deep crab on USDJPY. If Point C is broken then this structure is invalid. PRZ 119-121. Target 1 - 115, Target 2- 112.5
USDJPY waits necline breakout of inverted H&SUSDJPY 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 arrows - neckline breach (sustains on a daily basis) to reach the first target of 110.472. If the prices sustain above this level, it will go for the next 112.00 hurdle. If this happens, we will have 107.00 as the stop loss. The second path is shown by orange arrows with prices first testing the tip of the second shoulder and then taking a breakout from the neckline. Either way, prices are headed for the 112.00 and in both cases, we will enter only when the neckline is breached and sustained.
Buy USDJPY : Inverted head and shoulder breakout 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 upon the risk you want to take.
