Double top, and its neckline was broken, US CPI data come negative Conservative traders should wait for the retest, and aggressive traders may continue selling
weekly trend : bearish daily trend : bearish 4 hour trend : be 1 hour trend : bullish after the downside rally from 142 level, we can see a 78% retracement back to 141.5 levels mitigating all imbalances in between & testing the stronger high. a strong short opportunity at those levels. for this week & next week.
#USDJPY for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation 1st support: 136.144 Next Zone...
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...
Break of trendline in downside by taking resistance at supply zone. So go for it in sell side.
usdjpy i am looking for sell. 30 min chart supply area + s&r area. price going up but AO coming down. Mercury Technicals is not an investment advisory service, or a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves. warning: Note! The Analysis video shared here...
Theory: DIAGONAL: Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory of...
Hello Traders, Hope you all are doing good!! I expect USDJPY to go DOWN after finishing correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
Hello Traders, Once again we are here to give a idea about USDJPY technical analysis. Some important things to note for the USDJPY. 1) BOJ is dovis about its ultra loose monetary policy to achieve pre COVID inflation target which leads USDJPY price skyrocket from 116 to 135. 2) Today at 23:30 IST FED is going to declare it's interest rate policy which is...
USDJPY FORECAST its just an idea based on what i see in the chart trade what you see not what you feel follow the trend good luck
USDJPY - M Shape can be formed. Gartley pattern. Enter once the trend line is broken. SL will be the latest swing high. The are formed with Red lines will be potential reverse zone.
Its creating wyckoff in 5min time frame. There is a maximum chances for reversal. Don't miss the opportunity to short. Before entering the trade do your own research. Fore reference in.pinterest.com OANDA:USDJPY
USD JPY reached Monthly and Weekly High.(Check Monthly and Weekly Time frame) for reference. We can expect reversal from the order block zone. Use Minimal stop loss to avoid major loss. Before entering the trade DYOR.
As seen in monthly chart of USDJPY, inverted head and shoulder is formed. Breakout above 127.50/128 with volumes will make it run to multi decade highs. Likely scenario: With current global inflation, BOJ is forced to abandon its yield curve control strategy, that brings the yen devaluation option to the forefront. God bless us all!!!
Overall, USD/JPY is trending upwards. USD/JPY’s next support zone is at 114.200 and the next resistance zone of 116.000. Look for short-term selling opportunities of USD/JPY.
In the coming week, the USDJPY will consolidate between 115.427 and 114.655, so this presents a good selling opportunity. STOP LOSS : 115.694 TAKE PROFIT : 114.794
I think usdjpy sell opportunity this analysis based on 15 min time frame use proper risk management don't lose more than 1% of capital
According to my technical analysis there is a short trade on usdjpy. ,