Usdjpylong
USDJPY buy limitHello Guys!
In this USDJPY chart Price is Making HH and HL...So we need to look for buy trades....Here i set 2 buy limit orders according to the Market Structure Using 1H and 15MIN Order Block....Let's See what happening Next....
Have A Safe Entry!
My RR is Better Looking....!
If runs with profits don't forget to place your SL to previous swing low... Or take Partials
Let's Have a Safe Trade!
BOOM!!!
USDJPY | BUY IDEA USDJPY on strong Key level and its now broken with strong bullish candle.
And now it came down for retesting and created bull candle against key level.so its confirm that it will go up and touch our TP levels.
Suppose if seller pressure high and if it going to down then it will touch trendline support and go up with respect to trendline.
So if you can agree with my analysis then you can enter with my Signal.
BUY USDJPY @109.39
TP 1 :109.685
TP 2 : 109.970
TP 3 : 110.424
TP 4 : 110.954
SL : 108.293
Good luck.
💡Don't miss the great buy opportunity in USDJPYTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (108.65).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDJPY is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 45.
Take Profits:
TP1= @ 109.15
TP2= @ 109.50
TP3= @ 109.95
TP4= @ 110.40
TP5= @ 110.95
SL= Break below S2
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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.
A long term buy in USDJPYThe market has provided a nice impulse move towards the upside and came down for a minimum retracement at a 38.2% of fib retracement on a weekly time frame. Going down to the lower time frame the market has shifted from a 4 hr bearish market to a bullish market. So we took this trade with a good 1:2.5 risk to reward
Long on USDJPY based on previous trade ideaRefer my first trade idea for the full picture.
1.Price has broken swing highs
2. Points of Interest (POI)/Demand zones that sponsored the breaks have been marked.
3.based on how price approaches and reacts to the POI, longs can be taken.
Trade Plan:
On lower time frames where structure is clearly discernable, we wait for a break of market structure to the upside and enter on the rectracement.
USDJPYUSDJPY looks bullish
all the key levels are mentioned in chart with stoploss and targets
i am not trading this script, this just for educational study purpose only
Overall Monthly Waves Trend
DISCLAIMER
i am not a sebi registered analyst
my studies are for educational purpose only
consult your financial advisor before trading or investing
USDJPY LONG I open a long position on USDJPY
entry: 108,970
first target: 109,20
last target: 109,70
USDJPY: Ready for triangular thrustMaintaining the level of 108.600 , USDJPY is all set to give a thrust from a triangular fourth wave. the upside target can be expected as 110 area.
USDJPY PREFER LONGDescription:
The counter USDJPY forms an ascending channel on 05th February. Since the price is maintaining in the channel and it is still moving upwards. The previous entry of the counter was at the bottom line of the channel at the price of 104.40. The formation of the ascending channel indicates the buying mode of the market. The bullish trend may continue further. The MACD indicator curves give additional support to the description. Only if the counter’s price breaks the bottom line of the channel then there may be a chance of trend reversal.
The major levels for this counter are
R2 –105.41
R1 –105.17
PP –104.94
S1 –104.70
S2 –104.46
USDJPY Hourly Chart analysis 3-2-21Om Namah Shivay
We are trying to confirm the movement of the script by analyzing in hourly chart.
This is just for educational purpose. No Trading advice here.
Om Namah Shivay
USDJPY BUY opportunity Price may pull back to the zone
Look for buying opportunities in the zone in lower time frame.
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 Flag Pattern (1hr/Intraday)Usdjpy after a strong impulsive move, forming flag pattern( confirms after trenline break to upside
, expecting AB=CD .
USDJPY LONG TRADE SETUPThe daily is turning up against the 3/09/2020 lows at 101.19. The 4 hour is turning down against 109.85. While below 108.16 the pair can see a swing lower toward 104.28 to correct the cycle up from the 3/09/2020 lows.
LONG USDJPY
@107.20-05
TP: 107.70
SL: 106.80
good luck !
