USDJPY BREAKING trends in 30 min. either sideways or break support
Greetings! Welcome traders. By choosing to "Follow", you can stay updated with the latest information promptly. Kindly consider clicking "Boost" as well. Wishing you a pleasant day.
US dollar from past few months have been very strong , but finally it has reached to the 151 level in USDJPY pair also this is a psychological level which is a strong resistance zone for the price , can sell now and aim for 1:2RR
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...
SHORT AT 147.500 SL 147.710 TR 146.955 this is counter trend trade good risk to reward but less probablity trade
Usdjpy rejected from supply zone can more downside now (trade activated)
usdjpy has been rallying all the way from april and a little bearish move during 6-13 jul 23 now the price has reached almost to the previous high and resistance zone on daily time frame we noticed the price has created the evening star pattern (bearish) and on medium time frame price a made impluse movement seems like liqudity grab and with two candle...
Usdjpy sell now @145.787 Sl 152.000 Target one 143.723 Target two 141.180 Target three 138.638 Target four 135.019 Target five 130.409 Target six 127.500 Target seven 117.095 Open this trade with 0.01 lot each position open seven positions i recommend all of you only open this trade if u have equity more than 500 usd then only open this trade otherwise ignore but...
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...
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 Daily and Weekly, TF shows weakness, so every bounce is a shoring opportunity. There are two resistance on the chart in 4Hr TF, as marked in the chart. The strong support zone near 138.500-139.200.
Chart is self-explanatory. we have the breakdown from the range on the hourly timeframe and we are seeing a re-test of the pivot level now. Target is the depth of the pattern and the stop is above the range.
Trade Analysis : Swing USDJPY Downtrend Trendline analysis on USDJPY Trend Identification: Swing Downtrend USDJPY. Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points. Price Behavior: Daily Bullish pullback with market structure. Targets: T1 = 143.375, T2 - 143.00. Check for Entry and Stop-loss. Risk...
Mutiny Sends Ruble to Lowest in 15 Months In one of the most turbulent trading sessions this year, the Russian ruble reached its lowest point against the US dollar in nearly 15 months on Monday. This decline followed the failed mutiny attempt by The Wagner group’s armed mercenaries over the weekend, which caused significant concern among traders. Initially...
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....
Trade Analysis : Swing USDJPY Downtrend Channel analysis on USDJPY Trend Identification: Swing Downtrend USDJPY. Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points. Price Behavior: Daily Bullish pullback with market structure. Targets: T1 = 139.00, T2 - 137.50. Risk Management: Set appropriate stop-loss...