JPYUSD trade ideas
breakdown ?? real or fake 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 previous 5-6 candles got overlapped from resistance (bearish)
price was forming a flag and pole like pattern and looked failed as price tried to breakout but it got rejected and came back into the zone of flag (bearish)
the actual breakdown will occur after the level of 144.500 is taken down
it is the higher low swing and closing below this level it will indicated selling pressure and change of trend
Usdjpy short possible 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 if u r opening this one then sureshot i am guaranteed that u will make 1000 usd plus profits with my this forex signals open this trade and thanks me later
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USDJPY bulls run out of steam around mid-146.00sUSDJPY again flirts with the 78.6% Fibonacci retracement of the October 2022 to January 2023 downturn within a five-month-long bullish channel. Though, the overbought RSI (14) and looming bear cross on the MACD signal pullback of the Yen pair. That said, the tops marked in late June and early July join the 21-DMA to highlight the 144.60-50 zone as a short-term key support. In a case where the risk-barometer pair drops below 144.50, the late July swing high around 142.00 might stop the sellers before challenging them with the 140.00 support confluence comprising 100-DMA and the bottom line of the stated channel.
Meanwhile, a daily closing beyond the 78.6% Fibonacci retracement level of around 146.50 will direct the USDJPY buyers toward the November 2022 peak of around 148.85 and then to the 149.00 round figure. Following that, the 150.00 round figure might test the Yen pair’s upside before highlighting the previous yearly high of around 152.00.
To sum up, the USDJPY pair’s pullback appears overdue but the downtrend appears off the table beyond 140.00.
USDJPY LONGwait for 4hr candle close above 146.550. after closing wait for bullish price action to take a long trade targeting 148.
buy order after 4H inducement usd/jpy takes 4hr inducement and i got conformation in lower time frame
USDJPY predictionIt's going in the right direction as we can see. It will surely touch our Take profit zone. Just wait for it a little more.
USDJPY bearish It might come back to the same support or it will retest the higher resistance again.
USDJPY portrays bullish consolidation beyond 200-SMAUSDJPY posted a three-week winning streak but ended Thursday on a negative note. That said, a convergence of 50-SMA and a seven-week-old horizontal area surrounding 145.00-145.10 restricts the immediate downside of the Yen pair. Following that, the early-month high of around 143.90 and the 200-SMA level of around 142.15 will act as the final defense of the buyers. In a case where the quote remains bearish past 142.15, as well as breaks the 142.00 round figure, the odds of witnessing a slump towards the 140.00 round figure and then to the late July swing of near 138.00 can’t be ruled out.
Alternatively, a corrective bounce in the USDJPY price could challenge the latest multi-month peak of around 146.60 before trying to restore the bull’s confidence by poking the previous support line stretched from July 28, around 146.80. In a case where the Yen buyers remain dominant past 146.80, the 150.00 round figure will be crucial to watch as the key upside hurdle, a break of which could allow the upside to aim for the previous yearly top surrounding 152.00.
Overall, the USDJPY buyers are taking a breather but not off the table as the key supports hold.
USDJPYFX: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....
Short USDJPYBased on SMC Concepts , i excpect UJ to go lower after tapping 1HrFVG
Not a financial advice
USDJPY Short ideaBased on ICT Concepts price tapped HTF OB , Next DOL will be HTF IRL, Before price goes down im expecting a manipulation leg towards upside , tap 1 Hr FVG and price falls from there.
BUY USDJPY After news price was fall to support now from
support it showing strong buy with formation
hammer strong bullish candle so buy it
USDJPY Long IDEA
As analysed on July 10 regarding the short opportunity on USDJPY, moved perfectly and respected the deemand area.
And made a double bottom or W pattern nearby.
Now the price is bullish to touch the near high so every deep is a long opportunity.
Unless the price break, the fresh low keet buys target the swing high /Major supply area.
USD/JPY the two ways to trade (long and short) logic1. 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 defend the low of 141.500 well and breaks above the both POI wait for the retracement
or
let the price complete the chart pattern of CUP AND HANDLE
(well the chart pattern is just a assumption do not trade before the completion)
My Today's Learning
candle CLOSE & pattern COMPELETION is the key
Usdjpy short possible Sell usdjpy @144.009
Sl 145.500
Tp one 140.974
Tp two 138.439
Lot size recommended 0.01
Trade based on fakeout in hour 4 timeframe and pure price action
USDJPYHello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
USDJPY with order flow concept
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit day guys
USD/JPY Trade Setup1. 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 entering direct on 0.5 without confluence)
(previous trade got out with small SL, then we saw a parabolic upside this is why sl is important)
USDJPY my analysis.Short term trade.
DXY looks towards short
And 6Jpy broke upside structure.
But the institutional positions shows non netrual directions for both symbols. So I took bit risky short term trade
