Expecting usdjpy to reach 130.8 from 130.26 with support around 129.91
Hello Traders! It's a simple trade today. Very basic . Sometimes we tend to complicate the market when all it needs is simplification. 1. Falling wedge pattern with trend respected. 2. A comfirmation in 30 min tf (W pattern) and 2hr tf ( indecision candle and then a bullish reversal candle). 3. But still, as a precautionary measure, we'll wait for the...
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...
Hello Traders! 1. I see a potential head and shoulder on the USDJPY chart. 2. It's still a pattern in the making and hence makes it a bit of a risky trade but definitely worth a shot as the market stands on a major support on the daily TF and has been consolidating in the region for quite some time now. 3. Also, as per my trade, we are entering at the...
One can expect very sharp recovery in #USDJPY SO one one can take little risk and go for buy position
USDJPY Buy Trade opportunity it's Overall Bullish trend recently break the resistance area and make a very strong Bullish candle above its a very good opportunity to take a Buy trade with a good risk-reward target and the stop area is mentioned in the chart Always Use Stop Loss
USDJPY is trading at supply zone at all important time frames which is High Resistance Level. At 4hr and 1D Double top pattern has been formed which is extremely bearish in nature. A range has been formed in 1HR time frame. Looking for breakdown of that range that I have marked in Rectangle. As range breaks, with confirmation of volume and candle, I will enter...
I am bullish in usd jpy today and already planned a set up for it. Today the wave analysis says it is highly bullish as you can see result.
Here is buy idea of usd jpy with 1:3 rr. you can take the trade for demo or anlayse yourself and take the trade
USD/JPY – The Greenback rallied against the Japanese Yen at 136.05 at the New York close from Friday’s opening of 135.65. The 10-basis point rise in the benchmark US 10-year bond yield (3.08%) contrasted with a flat finish in Japan’s 10-year JGB rate of 0.24%. Which had more impact on USD/JPY than the assassination of former PM Abe. Looking for Buying Opportunities in it.
Price is extremely bullish Idea - Breakout traders can go long once level of 136.736 is taken out while Pullback traders should wait for the retracement to go long. Major Pivot - 136.500 Caution - The trend is a bit overextended.
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...
USDJPY FORECAST its just an idea based on what i see in the chart trade what you see not what you feel follow the trend good luck
Usdjpy is moving in upward trend and looking for more buying opportunities in it.
FOREXCOM:USDJPY Hi Everyone This is an Neowave Count for USD/JPY. This currency pair is trading in wave-5 of intermediate degree. Please follow us with likes and comments. Thank You
As seen in monthly chart of USDJPY, inverted head and shoulder is formed. Breakout above 127.50/128 with volumes will make it run to multi decade highs. Likely scenario: With current global inflation, BOJ is forced to abandon its yield curve control strategy, that brings the yen devaluation option to the forefront. God bless us all!!!