USDJPYPrice is now change the character and making higher low and the correction is ended in 4 hour time frame making higher high the entry was taken after 1:1 profit scale your Stop loss
JPYUSD trade ideas
USDJPY lures buyers ahead of Japan GDP, US inflationUSDJPY snapped a three-week uptrend as traders await Japan's Q4 GDP and the US Consumer Price Index (CPI) with mild losses by the end of Friday. While a U-turn from the 50-DMA played a major role in calling bears, the bulls aren’t off the table as the pair remains beyond the previous resistance line from late November, around 129.00. Even if the pair breaks the resistance-turned-support line, January’s bottom around 127.20 and May 2022 low near 126.35 will be crucial for the pair sellers to conquer before taking control. It’s worth noting that the RSI appears mostly steady and favors the trend line break out.
Alternatively, the 50-DMA surrounding 132.30 appears immediate hurdle to restrict the immediate USDJPY upside. Following that, January’s peak near 134.80 and the 200-DMA near 136.80 could act as additional challenges for the bulls to cross before approaching the driver’s seat. It should be observed that the 50% Fibonacci retracement level of the pair’s May-October 2022 upside, around 139.10, precedes the 140.00 round figure to act as the last defense of the pair bears.
Overall, USDJPY bears are less convinced ahead of the key data/events.
USDJPY SHORT RISKY SL CLOSEJUST WANT TO SEE SOMETHING SO KEEP SL SMALL JUST IN CASE
they say i should tone it down most likely to fail this trade
USDJPY DAILY TECHNICAL ANALYSIS Trading Ideas-
Short positions below 135.53 with targets at 126.44 & 124.03
Alternative scenario
If price sustain above 135.53 Look for 137.97 & 142.16 as targets.
Supports and resistances
126.44 & 124.03
137.97 & 142.16
SHORT ON USDJPY Sell entry on USDJPY
Entry price , Target & Stop loss all the details in Screen shot.
USDJPY Bearishentry off my onrifmations
DO NOT TAKE MY ATTEMPT THEY HAVE LITTLE INFORMATION AND COULD BE MISLEADING
USDJPY MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame 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. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading ❤️
Hustle hard ✅
A good trendline breakout and double bottom in USD JPYThere is a good trendline breakout with double bottom in USDJPY on 4 hr time frame
Symmetrical Consolidation in USDJPY.Hello Traders!
1. We have a symmetrical consolidation pattern in USDJPY on multiple tfs.
2. The consolidation appears to be more bullish than bearish.
3. PNL has been set for entry and stop levels. Stop levels may change in case stop level gets hit before the entry is done.
4. Always take a slight buffer when going towards buy side since there is pip difference in buy and sell prices.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
USDJPY Sell trade opportunitiesUSDJPY Sell trade opportunities
The pair is currently in a retracement, which provides an opportunity to sell the resistance level as we mark on the chart waiting for the market for a good entry.
#USDJPY Analysis #trend ,#Momentum,#volume pricerelation #HFHiii
dear TV
I ovserve a momentum shift in the USDJPY towards for uptrend ,
Tools i used
COCEPTS
☆ FIrst i USED Higher time Frame Analysis beacuse It dominate on lower Timeframes . All MARKER always Follows HTF
☆ I plot curve line as max wick touch with vol relation. for increase accuracy
☆ Monthly trend indicator line rule
.if price crossedup it will go UpTrend
crosseddown go DownTREND
☆ I changed vol color so we see where market maker order placed on chart
as i explain earlier marker maker buy at lower price and sell at higher ,
eg when price going lower they buy with heavy postion slowly which causes spikes in volume and price i maked on the chart .
known as wick or liquidity traped points
☆ momentum line shows shift in the Trend momentum
☆ curve drawing line for capturing exact momentum line
I used HA chart for showing momentum !
Thanks
USD JPY SELLsell usdjpy is good opportunity right now :
Key point are :
1. strong supply area
2. point of interest footstep of big institution
3. take inducement
4. good risk reward
if analysis helpful than plz support
USD/JPY Symmetrical Triangle PatternSymmetrical Triangle Pattern is seen in USD/JPY hourly chart. we can go long if price breakout above the resistance with strong bullish candle. or else we can go short if price breakdown below support with strong bearish candle.
Please Like and Follow.
