Usdjpydaily
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 LONG I open a long position on USDJPY
entry: 108,970
first target: 109,20
last target: 109,70
USDJPYCurrent Trend Down
TG1 = 103.736
TG2 = 103.424
Upside Trend (Possible BReakOut ( Economical News ))
TG1 = 104.191
TG2 = 104.610
TG3 = 104.865
USDJPY Long Trade SetupThe daily is turning up against the 3/09/2020 lows at 101.19. The 4 hour right side is down against 108.15. While below 107.54 the pair can see a swing lower toward 104.28 to correct the cycle up from the 3/09/2020 lows.
Long USDJPY
@105.35-105.20
Target: 106.00
Sl: 104.80
good luck !
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 TRADE SETUP The weekly right side is up against 75.57. The daily and 4 hour are turning up against the 3/9/20 lows at 101.13. While a pullback remains above there the pair can see another swing higher to correct the cycle lower from the 12/15/16 highs in the weekly triangle.
Short term Signal
BUY USDJPY
@107.50-25
Target: 108.50
Sl: 107.00
Good luck !
Keep Eye on USDJPY Waiting for Rising wedge Breakout.We are doing USDJPY Analysis in Daily Time frame
You can keep an Eye on USDJPY it is forming rising channel pattern you can take a trade on the breakout of this pattern.
Note: This is only for Educational Purpose this is not Investment advice.
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Thanks
Adil Khan
