Usdjpy is currently breaking out of rising wedge with in an ascending channel wach out break and further pullback to capialize on move to downside
SHORTING IDEA POSSIBLE FOR USDJPY Price Moving In Ascending Channel Currently Testing Top Of The Channel And Testing Broken Structure IN HT
possible scenario according to me on USDJPY- we have touched RWL (lowest point which the price can travel through the week) which was the level 1 drop of 1/4 hours cycle, + with this current continues drop a lot of retail traders fomo in to short and definitely MM have to shake out them before going for level 2 & 3 so they used todays news for this purpose as mm...
USD/JPY break her support and started moving toward her next support.
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 .
Meltdown on h4, retracing right now, expect price to go down if it breaks the low of previous h4 candle.
USDJPY) completed 4 hours cycle and 1 hour cycle, breakout of 1 hour cycle , divergence in 4 hours , M formation in JPY pairs, stopping volume, 3x ADR, RWL touched, BIG M pattern , stop hunt done type 2 london pattern. USDJPY dropping , gold going for level 3 , AUDUSD big W formation playing out it just looks very perfect and the best thing is that we have formed...
Looking for a short on USDJPY the strong resistance zone -114.550 Thank you
USDJPY - formed a M pattern (at Wednesday (mid week rev.)) + good stop hunt rise in the second leg + at the peak of each leg we got NY reversal + reached 3x ADR (RWL) + Stopping volume in 4 hours at both legs + BIG divergence in 4 hours + pairs against USD are forming W at 1 hour for 1 hour mark up phase + potential target - dont forget about 4 hours W we might go...
Notice that both weekly and daily candles closed with very strong bullish momentum. I expect a .618 retracement after the impulsive buys that happened this week and then we continue upwards again to 112.404 price level . Upon market open by Sunday night, I will be looking out for my sell confirmations. before buying up.
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
USDJPY has broken the daily trendline and now its going bearish. Swing trading opportunities are open for y'all. ALL THE BEST!
USDJPY Forecast IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
USDJPY Forecast IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
USDJPY long Risk/Reward: 1:3 Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
UsdJpy short with a small stoploss 1:6 ratio trade with low risk
Based on previous analysis of USDJPY, the trade is killer 💪🏼 Already 100+ pips 🤑💰 You're lucky if you followed! Follow for more... ALL THE BEST!
USDJPY Short Risk/Reward: 1:3 Give a Like and Feel free to share your opinions in the comment! Thanks 😊