USD JPYUSD JPY reached Monthly and Weekly High.(Check Monthly and Weekly Time frame) for reference.
We can expect reversal from the order block zone.
Use Minimal stop loss to avoid major loss.
Before entering the trade DYOR.
USDJPY trade ideas
is the rally for USDJPY Finished ?| Neowave ForecastFOREXCOM:USDJPY
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This is an Neowave Count for USD/JPY. This currency pair is trading in wave-5 of intermediate degree.
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USDJPYUSDJPY will go down after continuously going up direction.. the key level of Fibi :- 61.8 around the entry... there is more probability to go down direction... trade wisely.....
USDJPY is all set for 125.00 revisitBe it a clear bounce off the 50% Fibonacci retracement (Fibo.) of an upswing from mid-March or sustained trading beyond the one-week-old rising trend line, not to forget the 50-SMA, USDJPY has it all to revisit the multi-year top poked during late March. That being said, the 124.00 threshold may offer an intermediate halt during the run-up targeting the recent top surrounding 125.10. In a case where the bulls gain acceptance beyond 125.10, 61.8% Fibonacci expansion of the pair’s moves from March 15 to 31, around 125.90, quickly followed by the 126.00 round figure will be in focus.
Meanwhile, the 50-SMA level of 122.25 and a seven-day-old rising trend line, around 121.70, act as immediate supports to watch during the quote’s pullback. Following that, the 61.8% Fibo. level of 120.50 and the 100-SMA level surrounding 120.35 will challenge the USDJPY bears. Should the quote drops below 120.35, the 120.00 psychological magnet will be the last defense for bulls, a break of which will enable sellers to retake control.
UJ H1POIOnH1 BOS with imbalance price break the structure and created supply we can take shorts from the poi after COCH on m1 or m5
#USDJPY Inverted Head and Shoulder formationAs seen in monthly chart of USDJPY, inverted head and shoulder is formed. Breakout above 127.50/128 with volumes will make it run to multi decade highs.
Likely scenario: With current global inflation, BOJ is forced to abandon its yield curve control strategy, that brings the yen devaluation option to the forefront.
God bless us all!!!
USDJPY updateA good W pattern is visible on chart
With good confirmation following are the zone where we can enter with short position
USDJPY FORECASTBullish nature will continue of USD JPY. It's described as two times it had shown upside movement
Based on Technical indicator #USD/JPY purely Technical for me.
please refer the chart .
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USD/JPY lets see whether it follows AB=CD for LONGOverall USDJPY seems to be in bull trend, just placed a long trade assuming price will follow AB==CD Harmonics over the period of 1 Week or more or not.
USDJPY GOING TO REACH AGAIN 128.8As per fibbo analysis method usdjpy is in strong buy mode it may drop after it reach 121.5 and take strong retracement 118.803
Lets watch
{=GOOD BUY OPPPORTUNITY IN USDJPY=}Good test is given in H4 and breakout too, so it may continue its trend in upward direction. Use proper risk management.
!Happy trading
USDJPYUSDJPY SELL ENTRY
Before Entering Trade do Your own Analysis it's Only for Educational Purpose
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Great short opportunity for USDJPYHello friends we are back again
USDJPY short position for the short term Target as USDJPY is trading at it's all time high some pullback is expected.
Short USDJPY @118.300- 118.500
Stop loss:- 119
Tp 1) 118
2) 117.500
3) 117
4) 116.500
5) 116
Good luck 🤞
Don't take more lots trade with small lot size.
USDJPY renews five-year high, 118.70 challenges further upsideUSDJPY cheers the greenback’s robust strength ahead of the Fed’s widely anticipated rate-hike to refresh five-year high. In doing so, the yen pair defied an upward sloping trend channel from late November, backed by the bullish MACD signals. However, overbought RSI and double tops around 118.65 could challenge the quote’s further upside. In a case where the pair rallies past 118.70, the 120.00 psychological magnet will offer an intermediate halt on the way to the early January 2016 peak surrounding 121.70.
Meanwhile, a pullback is more likely and could lure risk-taking sellers if the quote offers a daily closing below 117.70. Following that, the highs marked in January and February of 2022, near 116.35, will be on the bear’s radar. Though, the 100-DMA and an ascending trend line from late 2021, respectively around 114.60 and 114.35, will act as the last defenses for the pair buyers, a break of which will give controls to the sellers.
Overall, USDJPY may witness a pullback but bulls can keep the reins until the quote drops below 114.35.
USDJPY SHORT Followed the triple top condition with the Elliot wave. Enter the trade with tight SL and do your own analysis.
USDJPY WEEKLY ANALYSIS 07-03-2022#USDJPY weekly bias looks bearish. The seller’s price of interests 115.43, 115.57, 115.71
The possible targets are 114.65, 114.20
These analysis are based on the current market swing and we update our views based on the upcoming future swings
USDJPY ANALYSIS ON H4 CHART.Overall, USD/JPY is ranging across. Recently, USD/JPY broke below the key level of 115.s
USD/JPY’s next support zone is at 114.200 and the next resistance zone of 116.000.
Look for short-term selling opportunities of USD/JPY.
USDJPY 15 min long usdjpy 15 min long projection
1. Break of structure
2.Liquidity cleared
3. order block
4. stoploss hunt
USDJPY LONG 15 MINUSDJPY after retesting likely to go upside to the next supply level . Take the trade after adding other confluences.
Look the chart for the levels.
Trake at your own risk :)
