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.
Usdjpy after a strong impulsive move, forming flag pattern( confirms after trenline break to upside , expecting AB=CD .
The 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 !
Potential deep crab on USDJPY. If Point C is broken then this structure is invalid. PRZ 119-121. Target 1 - 115, Target 2- 112.5
Technical Analysis-The 4 hour is turning up against 3/09/2020 low (101.16). 1 hour is turning up against 105.96 low. Near-term correction against 3/09/2020 low is proposed complete at 105.96 low, while dips remain above that level expect pair to extend higher. BUY USDJPY @106.85-70 TP: 107.55 SL: 106.40 Good Luck !
The weekly right side is up against 75.57. The daily and 4 hour are turning up against the 3/9/20 lows. While a pullback remains above the 3/9/20 lows the pair can see another swing higher to correct the cycle lower from the 12/15/16 highs in the weekly triangle.
USDJPY 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...
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...