USDJPY trade ideas
SMC As i said in the morning analysis
The pullback is started and u can short from supply which I have drawn it
Happy pullback days
STOP LOSS HITTrade Details: stop loos hit
- Symbol: USD/JPY
- Entry Price: 139.800
- Stop Loss: 139.560
- Target Price: 140.400
Rationale for Entering the Trade:
You have decided to enter this trade based on two factors: recent quick movements in the market and the price being slightly above a support zone.
1. Recent Quick Movements:
You have observed rapid movements in the USD/JPY market, which might indicate increased volatility and the potential for short-term trading opportunities. These quick movements could be driven by market news, economic releases, or shifts in investor sentiment. By entering the trade at this time, you hope to capitalize on the current volatility and benefit from potential price fluctuations.
2. Price Above Support Zone:
You have identified a support zone below the current price level. A support zone refers to a range of prices where buying pressure tends to emerge and potentially reverse the price direction. Although the price is currently above this support zone, you believe it is still in close proximity. This suggests that there may be a higher probability of a price bounce or a continuation of the upward movement.
Trade Parameters:
- Entry Price: You plan to enter the trade at 139.800, buying USD/JPY at this exchange rate.
- Stop Loss: To manage potential losses, you have set a stop loss order at 139.560. If the price reaches this level, your trade will be automatically closed, limiting your downside risk.
- Target Price: Your target price for this trade is set at 140.400. This represents the level at which you aim to sell USD/JPY and realize your desired profit.
Please note that trading involves risks, and this trade should be evaluated within the context of your own trading strategy, risk tolerance, and market conditions. It's important to conduct thorough analysis and consider other factors such as market trends, fundamental indicators, and overall market sentiment before making trading decisions.
USD/JPY buy idea sharingTrade Details:
- Symbol: USD/JPY
- Entry Price: 139.800
- Stop Loss: 139.560
- Target Price: 140.400
Rationale for Entering the Trade:
You have decided to enter this trade based on two factors: recent quick movements in the market and the price being slightly above a support zone.
1. Recent Quick Movements:
You have observed rapid movements in the USD/JPY market, which might indicate increased volatility and the potential for short-term trading opportunities. These quick movements could be driven by market news, economic releases, or shifts in investor sentiment. By entering the trade at this time, you hope to capitalize on the current volatility and benefit from potential price fluctuations.
2. Price Above Support Zone:
You have identified a support zone below the current price level. A support zone refers to a range of prices where buying pressure tends to emerge and potentially reverse the price direction. Although the price is currently above this support zone, you believe it is still in close proximity. This suggests that there may be a higher probability of a price bounce or a continuation of the upward movement.
Trade Parameters:
- Entry Price: You plan to enter the trade at 139.800, buying USD/JPY at this exchange rate.
- Stop Loss: To manage potential losses, you have set a stop loss order at 139.560. If the price reaches this level, your trade will be automatically closed, limiting your downside risk.
- Target Price: Your target price for this trade is set at 140.400. This represents the level at which you aim to sell USD/JPY and realize your desired profit.
Please note that trading involves risks, and this trade should be evaluated within the context of your own trading strategy, risk tolerance, and market conditions. It's important to conduct thorough analysis and consider other factors such as market trends, fundamental indicators, and overall market sentiment before making trading decisions.
USDJPY Swing Downtrend AnalysisTrade Analysis : Swing USDJPY Downtrend
Channel analysis on USDJPY
Trend Identification: Swing Downtrend USDJPY.
Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points.
Price Behavior: Daily Bullish pullback with market structure.
Targets: T1 = 139.00, T2 - 137.50.
Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements.
Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows.
Conclusion: Based on the chart analysis of , USDJPY is Downtrend has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Avoid counter-trend trading. Happy trading!
(Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
USD/JPY buy idea sharingBased on the information provided, you are planning to enter a trade in the USD/JPY currency pair. Here's an explanation of the trade for publishing:
Trade Details:
- Symbol: USD/JPY
- Entry Price: 139.690
- Target Prices: 139.842 and 140.001
- Stop Loss: 139.582
Rationale for Entering the Trade:
You have decided to enter this trade based on two factors: support at 139.5 and a potential trendline breakout.
1. Support at 139.5:
You believe that the exchange rate of USD/JPY has reached a level of support at 139.5. Support is a price level at which buying pressure is expected to outweigh selling pressure, potentially leading to a price reversal or a bounce. By entering the trade near this support level, you anticipate that the price will move in a favorable direction.
2. Trendline Breakout:
Additionally, you have observed a trendline on the price chart of USD/JPY, and you expect a potential breakout to occur. A trendline is a line that connects consecutive higher lows or lower highs, indicating the direction of the prevailing trend. A breakout refers to a situation where the price moves beyond the trendline, potentially signaling a shift in market sentiment and the continuation of a new trend. Based on your analysis, you believe that the price is likely to break out above the trendline, which has influenced your decision to enter the trade.
Trade Parameters:
- Entry Price: You plan to enter the trade at 139.690, which means you will buy USD/JPY at this exchange rate.
- Target Prices: You have set two target prices for this trade. The first target is 139.842, and the second target is 140.001. These levels represent your profit-taking points, where you aim to sell the USD/JPY and realize gains.
- Stop Loss: To manage potential losses, you have implemented a stop loss order at 139.582. If the price reaches this level, your trade will be automatically closed to limit your downside risk.
Please note that trading involves risks, and this trade should be evaluated in the context of your own trading strategy, risk tolerance, and market conditions. It's essential to conduct thorough analysis and consider other factors such as market news, economic indicators, and overall market sentiment before making trading decisions. FX:USDJPY
usdjpy long positionin this chart market can respect 1st one because its under the IDM and if 1st breaks then it can to till 2nd and give some reaction there but i think that it will go to 3rd and 4th because it makes its daily new high
Trade Analysis : USDJPY Retracement Trade Analysis : USDJPY UPTREND Retracement
Channel analysis on USDJPY
Trend Identification: Intraday Uptrend Pullback in USDJPY.
Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points.
Price Behavior: Bullish pullback with market structure.
Targets: T1 = 136.500, T2 - 140.00.
Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements.
Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows.
Conclusion: Based on the chart analysis of , USDJPY is Bullish retracement has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Avoid counter-trend trading. Happy trading!
(Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
USDJPY 4 Hour Analysis (18 May 2023) USDJPY Trading Ideas
1.Though USDJPY is long time bullish
but here the price is in Supply area
2. It indicates price can have some
retracement
3. after retracement again price
can move up.
Trade Analysis : Intraday USDJPY BUYTrade Analysis : Intraday USDJPY BUY
Channel analysis on USDJPY
Trend Identification: Intraday Uptrend in USDJPY.
Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points.
Price Behavior: Bullish with market structure.
Targets: T1 = 135.500, T2 - 137.750.
Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements.
Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows.
Conclusion: Based on the chart analysis of , a potential trading opportunity has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Happy trading!
(Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
usdjpy possibility long 30mDear Trader usdjpy possibility long 30m Rsi Divergence base trade high possibility trade
long usdjpyusdjpy is tapped h4 demand and the price is changed as an uptrend in the h1 time frame from the h1 demand zone the price may move up
it is educational purpose only.
USDJPY grinds higher inside five-month-old bearish triangleUSDJPY marked the first negative weekly close in four despite Friday’s gains. Following that, the Yen pair remains inside an ascending triangle bearish chart formation comprising multiple levels marked since early December 2022. That said, the RSI and MACD conditions also signal a continuation of the recent rebound within the stated triangle. With this, the top line of the aforementioned chart formation, close to 137.80 at the latest, gains the market’s attention, a break of which could defy the bearish pattern and can propel prices towards the 61.8% Fibonacci retracement of October 2022 to January 2023 downside, at 142.50. It should be noted that the 140.00 round figure can act as an intermediate halt during the anticipated rise whereas a successful rise past 142.50 won’t hesitate to aim for the 78.6% Fibonacci retracement level surrounding 146.70.
Meanwhile, the 100-DMA joins the 23.6% Fibonacci retracement level to provide strong short-term support within the triangle around 132.80. Following that, the triangle’s lower line, close to 131.90, will be crucial to watch as a clear break of the same could confirm the theoretical fall towards 121.00. While chasing the said target, the lows marked during January 2023 and May 2022, respectively near 127.20 and 126.30, may act as intermediate halts. However, the USDJPY pair’s weakness past 121.00 could witness multiple supports around the 120.00 psychological magnet.
Overall, USDJPY is likely to decline further as Fed vs. BoJ divergence eases. Though, a clear downside break of 131.90 becomes necessary to convince bears.
USDJPYlooks like a buy wait for the confirmation maybe it can go down for ceritian pips collect some stops an liqudity and then it can movee up so be careful
USDJPY LONGAs we can see on PEPPERSTONE: USDJPY setting up for another possible trade setup. At least according to my entry rules. If price reach to FVG or POI, on lower TF I'm looking for structure shift as my entry confirmation. Please be mined this is not confirmed entry setup.
USDJPYWe saw USDJPY Long Because, USDJPY Daily Time Frame Descending Trend Line Breakout or Retest complete.
