We saw USDJPY Short Because, USDJPY Make Triple Top or moved in Rising Wedge.
USDJPY defends a two-week uptrend within an ascending trend channel established since early March. In doing so, the Yen pair stays near an upper limit of the stated channel, recently wobbling between the 21-day SMA and a one-month-long resistance line. It’s worth noting that the RSI (14) line suggests the bullish exhaustion while the MACD also lacks directional...
#SEPT 6 Risk 0.5% TP1 = 1:2 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market...
Looking at the technical picture of USD/JPY on the 4 -hour chart, they can see that: Currently, the USD/JPY pair is maintaining an increase within the limit between 147,00. From the strong US economic data, it has contributed to consolidating the US dollar (USD). In addition, the US dollar index (DXY), USD measurement compared to other six main currencies, remains...
Sept #2 Trade : Risk 0.5% TP1 = 1:2 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given...
usdjpy has two possible setups either it can break the neckline of double top and we can plan a short trade or it can break above the current resistance level and we can plan a long trade to fill the gap.
USDJPY fall is coming Resistance at 148.3 Target 144-138
This was trade shared previously running in good profit we can hold till demand zone here
USDJPY begins the week on a negative note while extending a downside gap during the early hours of Monday. Adding strength to the bearish bias about the Yen pair are the concerns about the Bank of Japan’s (BoJ) exit from the ultra-loose monetary policy easing and a five-week-old rising wedge bearish chart pattern. It should be noted, however, that multiple...
USD JPY downside move possible Selling below the 146.968 Stop loss 147.906 Target 144.837
USD JPY in sell zone PA in Butterfly PRZ at the moment. RSI is at divergence. Expanding diagonal in progress with potential point E completed.
SHORT AT 147.500 SL 147.710 TR 146.955 this is counter trend trade good risk to reward but less probablity trade
Usdjpy rejected from supply zone can more downside now (trade activated)
We have multiple long possibilities in usdjpy . wait for bullish confirmations either after the break of resistance or wait for market to retrace and plan a long trade with bullish confirmations at support.
As per analysis, this currency pair will go short and touch marked line in this week
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...
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...
usdjpy has taken buy side liquidity and gave choch with a good supply