Price cant breakup previous Supply and we have change of character there (Sign of market reversal)
Last Thursday was an incredibly volatile trading session for the USD/JPY . This volatility was largely caused by the Bank of Japan's (BoJ) intervention in the currency markets to defend its depreciating currency, the Japanese Yen. Last week’s move was the first time since 1998 that the BoJ had intervened. There are some parallels between 1998’s intervention and...
Trading Ideas- Long positions above 135.47 with targets at 146.95 & 151.98 Alternative scenario If price goes down135.47 look for 131.05 & 128.65 as targets. Supports and resistances 131.05 & 128.65 146.95 & 151.98
USDJPY has been navigating inside the 300-pip trading range at a 24-year high in the last three weeks. Despite the yen pair’s latest inaction, the lower low on prices joins the lower bottom on the RSI (14), which in turn joins firmer MACD to keep the buyers hopeful. However, a clear upside break of 144.75, comprising the 78.6% Fibonacci Expansion (FE) of the...
#USDJPY for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation 1st support: 135.314 Next Zone...
#USDJPY for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation 1st support: 135.314 Next Zone...
#USDJPY for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation 1st support: 135.314 Next Zone...
USDJPY 15 Minute sell USDJPY 15 Minute sell USDJPY 15 Minute sell USDJPY 15 Minute sell
Fed"s rate decision is already priced in. Expecting short from this zone
after a strong bullish runup, in higher timeframe market is now currently ranging , in 4h timeframe market form double top liquidity and selloff which is more likely to be taken out so overall I am more bullish. the trading idea takes place in 1h timeframe, there was a large imbalance untested supply was there which is more likely to be tested. in current...
This Is a Chart Analysis of U.S Dollar And Japanese yen. ( Forex Analysis )
Trading Ideas- Long positions above 135.47 with targets at 146.95 & 151.98 Alternative scenario If price goes down 135.47 look for 131.05 & 128.65 as targets. Supports and resistances 131.05 & 128.65 146.95 & 151.98
#USDJPY for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation 1st support: 135.314 Next Zone...
Took a Sell position in UJ. Reason: After a long buy, it makes a double top in Resistance level, which i marked. Use proper risk management. Thank you
AUDJPY pairs continue up trend to break new high It's ramp up with bullish flag
Weekly and daily candle closed bearish, price retraced till 200ema in 15min time frame and found rejection.
This pair is showing a very aggressive 1hr moving average potential short signal. Last Friday we saw the USD/JPY post its 1st Daily candle close below a trend line formed 8/11 (black line) It is showing pretty good R/R in my opinion. We don't want to see candles close back above that trend line. This trade can be attempted more than once below the trend line.
plan a ( buy long) buy at break of 143.794 sl 143.469 tp1 143.875