price is reversing from 149.578 without testing resistance which mean a lack of buying liquidity
the following previous green long candles left behind imbalance which have created fair value area
with applying fib to draw the PD area
149 to 148.781 is above discount zone which will hold less impact
whereas 148.500 to 148.300 is the zone where we can look for...
This is for short term
Marked Possible Buy zone
Wait for FOMC release
Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter
And this is risky too.
Please DYOR before entering the trade.
price is at resistance zone of 151.144 and 151.380
after the recent break of structure there is open order block to restest
also there will be small liquid or inducement zone that need to be triggered
for next upside
150.432 and 150.246 is the buying area
with stop loss of 150 rd figure
and target of 151.500
with risk to reward 1:3
condition to avoid if...
FX:USDJPY
As you can see that, USDJPY has formed a good resistance in 15min Time frame, if it gives breakout then we can plan for buy side. Take retest entry and plan your trade accordingly.... This trade is for monday (25-09-23).....
USDJPY – What's the intervention threshold?
In September of last year, the Bank of Japan (BOJ) made a move in the market to strengthen its currency when it reached 145 against the USD, marking the first such intervention since 1998. This action was taken following the BOJ's decision to maintain an extremely accommodative policy (a policy that is yet to change...
in this chart market can respect 1st one because its under the IDM and if 1st breaks then it can to till 2nd and give some reaction there but i think that it will go to 3rd and 4th because it makes its daily new high
FX:USDJPY
As you can see USDJPY has created a channel and it already given a breakout in 4HR timeframe, wait for pull back and taken entry on buy side. plan your trade accordingly...
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said in the last weeks .. s I said UJ rejected from the Fibonacci 0.5 ... it went down in the area 108,600 from where it rejected again and goes again to the...
usdjpy buy setup found
usdjpy has coming in sell from long time now it has broken the trendline with a strong bull candle, market has showing bull capacity for bueys..
we need to retrace the market at trenline than go for buy usdjpy
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said in the last weeks .., UJ has forced the trend line formed in recent years and strongly rejected!
UJ is in a range area between 110,200 and 108,200 but as...
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.
