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...
Trading 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...
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.
The 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
Refer 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...
USDJPY 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
I open a long position on USDJPY entry: 108,970 first target: 109,20 last target: 109,70
Maintaining 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.
Description: 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...
Om 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
Price may pull back to the zone Look for buying opportunities in the zone in lower time frame.