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).....
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....
1. for pullback trader or people on short side will trade based on lower low and lower high formation
but price movement on down side is bit slow and steady
if price reacts on 2nd poi but,
does not break the recent (internal lower low) of 141.500
and makes higher low this make the short trade very choppy mind exhaustion
2. for long side trader price might...
1. Trade pullback ?
>>> let price get back to POI for entry with sl above POI
(offers good R:R)
>>> follow the lower high lower lows pattern
>>> exit on price switching to higher low
2. Conservative Trade ?
>>> wait for the price to get a DISCOUNTED ZONE
(fib 0.5 from recent swing low to high)
>>> long on swing making higher low and higher high
(avoid...
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....
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...
FX:USDJPY
A Good Consolidation flag breakout has seen in USDJPY, if it gives breakout and retest then take entry.
plan your trade accordingly and manage your risk to reward ratio.
USDJPY is trading at supply zone at all important time frames which is High Resistance Level.
At 4hr and 1D Double top pattern has been formed which is extremely bearish in nature.
A range has been formed in 1HR time frame.
Looking for breakdown of that range that I have marked in Rectangle. As range breaks, with confirmation of volume and candle, I will enter...
we have got extended move to the downside, + we have even achieved 3x ADR + 3(psychological no.) pushes to the upside market makers have formed sweet M which tells we are going to mark down phase
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 forced the Fibonacci 0.5 zone from where it rejected and re-entered the range zone we were talking about in the past weeks!
I still...
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.
