This is my view on FX:USDJPY . I got a breakout of falling wedge on a LOW TF after a retest of a previous support (Flip zone), which is actually on a bullish on the HIGHER TF.
USDJPY is moving in downward trend and continues the downtrend, Looking for short term selling opportunities in it.
USDJPY is moving in downward trend as the pullback is complete and currently looking for short term selling opportunities in USDJPY.
USDJPY struggles to defend the first positive week in five, grinding lower inside a falling wedge bullish chart formation. It should be noted that the bullish MACD signals and upward-sloping RSI (14) line, not overbought, keep buyers hopeful despite the latest weakness of the Yen pair. However, a sustained break of the 50-SMA hurdle surrounding 131.85 becomes...
1. Divergence in 4 hour chart 2. respecting the fib levels 3. we can see a trendline also 4. We have to wait for trendline breakout with fib levels for a proper entry. A good entry we can expect here.
The USD JPY pair is trying to make a head and shoulders pattern in its daily chart ,that may help the pair to touch its pre covid level of 110-115 lvls provided if it breaks the 68.10% of fibo lvl (125.36) clearly. Fundamentaly also the current formation of US and euro banking crisis (led by fall of SVB & other regional bank from US to fall of CS bank in Euro...
we are heading toward the extreme demand zone on UJ ! if it break below red zone there's no long positon for me. that mean no demand is there for UJ to go up ! supply is rather stronger and there's no demand means we are falling further
Hello Traders! 1. We see a clear 5-wave impulsive move forming a leading/ending diagonal. 2. It could be Wave 1 or Wave A. 3. Targets and stop have been marked on the chart. Do use proper risk management. Happy Trading! Profits, Market's Mechanic.
if price break the previous high then we can predict upside move Two bullish confirmation 1. Bullish divergence. 2. falling wedge ( bullish pattern )
USDJPY Buy Trade opportunity Currently, it changed the trend from Beaish to Bulish and it recently breakout of the short-term resistance line and makes a pin bar as we point out on the chart here is a good opportunity to take a buy trade here with the target next resistance area.
FX:USDJPY As we can see in usdjpy a strong trendline breakout happend in 1hr and we can plan for buy side if it retest. plan your trade accordingly.
USDJPY marked the biggest weekly loss since early January despite trading within a one-week-long descending triangle. Apart from the bullish chart formation, sluggish MACD and nearly oversold RSI (14) also challenge the Yen pair sellers. That said, the stated triangle’s bottom line, around 131.40, acts as immediate support for the bears to watch before targeting...
USDJPY marked a second consecutive weekly loss, as well as broke an ascending trend channel, as BoJ Governor Haruhiko Kuroda departs after the decade-long workmanship. The bearish break also gains attention as the quote slips beneath the 100-SMA for the first time in more than a month. However, the nearly oversold RSI and 200-SMA, around 133.30 at the latest,...
Hello trading friends, HOPE My posts are helping you to understand the logic. #USDJPY sell at 136.15 SL 136.34 Target 135.8 . #FOREX #Currencypair NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Happy Trading
entry at break of high of spinning top candle set target according to your risk
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looking for uj sells off my confirmations DO NOT TAKE MY ATTEMPTS THY HAVE LITTLE INFO
usdjpy sell @ 136.021 stop loss 137.200 target one 135.259 target two 134.118 long term target 127.100 open sell and thanks me later must use same lot in all 3 position trade is for educational purpose only not a advice