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
Hello 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...
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...
USDJPY 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.
Hiii
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
...
sell 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
Symmetrical 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.
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The demand is between the downtrend lines. Hence, the candlesticks respect the behaviour. USD pairs are on the fall due to high valuations and downtrend patterns.
