USDJPY 1D Timeframe Projection
DISCLAIMER: All labelling and wave counts are done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't be bias, hope on my trade plans...try to learn, and make your strategy... Following is not that easy...
Reason For SELL
1.Trible Top Formed Side Wise Markert
2.Three White Soliders Formed Sell
3. Entry @151.900 to 151.800
4. Sl @152.200
5.Tp1 @151.500
6.Tp2 @151.200
7.Tp3 @ 150.500
Sept #2 Trade :
Risk 0.5%
TP1 = 1:2 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given...
FX:USDJPY
As you can see that, In 1Hr Time frame USDJPY has created a head and shoulder pattern. if it breaks the drawn neckline level then we can plan for sell side. This set-up is for monday (21-08-23) Plan your trade accordingly....
FX:USDJPY
As you can see that, From past 1week USDJPY is in uptrend and now it is going to take some consolidation and pullback like SMC. Created a horizontal good support and it is good to scalp and capture some pips. take retest entries. plan your trade accordingly....
Hello trading friends,
HOPE My posts are helping you to understand the logic.
#USDJPY sell at 136.15 SL 136.34 Target 135.8 . #FOREX #Currencypair
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
USDJPY Sell trade opportunities
USDJPY Breakout support trend line is a very good opportunity to take a short trade here with stop loss above the support area
"Always trade with Stop Loss"
USDJPY on SELL, after the rectracement.
Waiting for retracement to 1hr OB, then on lower time frame will enter double BOS for SELL till 127.200.
Thank you, If you agree with my analysis.. Like & Comment.
Usdjpy is unfolding in a complex corrective structure as a double zigzag. One should sell on rise near 113.6-113.7 keeping SL of 114.05 for tgt of 112.9 .
