USDJPY breakoutSuperb Breakout
Superb Breakout
Superb Breakout
Superb Breakout
Superb Breakout
Superb Breakout
JPYUSD trade ideas
order block 4 hrs tf longif we go on 1 day tf we can notice that price is pulling back to its 21 day ema and 50 % fib levels
4hrs tf we have an continuation OB at the same level
setup continuation OB ( inside bar ) huge impulsive move creating imbalance and price should come back to mitigate this level
Entry - OTE
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usdjpy short then longNotice 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.
USDJPY BearishUSDJPY may drop from trendline. Need to wait for reversal confirmation reversal from trendline.
USDJPY Trading Idea 8 Oct 2021I think the overall market is in the downtrend, one should look for the selling opportunity. In my personal opinion, Price gave a strong rejection at the resistance forming a bearish engulfing pattern to conform the sell order with a stop loss at 113. 27 level on the daily time frame. I am bearish with this trade. A possible profit target can be around 109 or somewhere around.
Sharing my view on USDJPY based on the big picturecheck price action above 111.300 and if we get any sell setup i will enter short
USD JPYBUY STOP
Entry: 111.650
SL: 110.999
TP: 114.297 (varies)
SELL STOP
Entry: 110.741
SL: 111.233
TP 1: 110.044
TP 2: 109.115
TP 3: 108.751
USDJPYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said in the last weeks .. s I said UJ rejected from the Fibonacci 0.5 ... it went down in the area 108,600 from where it rejected again and goes again to the Fibonacci 0.5 area making a range between these values!
In the next period I expect this range to continue and I will play between the Fibonacci 0.5 and Fib 0.382 areas until the first closing on the chart for a week outside these values.
THIS WEEK...this week I will draw a parallel between the 1 week chart and the 1 month chart because the month has just ended and I would like to know what to expect ...
exactly as I said in recent months, UJ has a range between Fibonacci 0.5 and 0.382 ... as in September it rejected and closed below Fibonacci 0.5 I expect this line to continue and I expect a decline to the area 108,600 or 107.600
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
USDJPY potential mark down phase starting 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 setup (2hr)USDJPY has broken the daily trendline and now its going bearish. Swing trading opportunities are open for y'all.
ALL THE BEST!
USD/JPY * 1.618 XABCD
* Overbought on Daily and 4 HR
* RSI divergence On 4 HR
* HEKIN ASHI DOJI candles
* 112 YEN strong resistance level
* ADX above 50
