Notice that both weekly and daily candles closed with very strong bullish momentum. I expect a .618 retracement after the impulsive buys that happened this week and then we continue upwards again to 112.404 price level . Upon market open by Sunday night, I will be looking out for my sell confirmations. before buying up.
USDJPY may drop from trendline. Need to wait for reversal confirmation reversal from trendline.
I think the overall market is in the downtrend, one should look for the selling opportunity. In my personal opinion, Price gave a strong rejection at the resistance forming a bearish engulfing pattern to conform the sell order with a stop loss at 113. 27 level on the daily time frame. I am bearish with this trade. A possible profit target can be around 109 or...
Trade is ON. Reason to take trade: Trendline retest Use proper risk management Thank you
there are so many powerfull contents used in this analysis
I've found that change in structure due to to an missing wave
check price action above 111.300 and if we get any sell setup i will enter short
BUY STOP Entry: 111.650 SL: 110.999 TP: 114.297 (varies) SELL STOP Entry: 110.741 SL: 111.233 TP 1: 110.044 TP 2: 109.115 TP 3: 108.751
Dear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As I said in the last weeks .. s I said UJ rejected from the Fibonacci 0.5 ... it went down in the area 108,600 from where it rejected again and goes again to the...
we have got extended move to the downside, + we have even achieved 3x ADR + 3(psychological no.) pushes to the upside market makers have formed sweet M which tells we are going to mark down phase
USDJPY has broken the daily trendline and now its going bearish. Swing trading opportunities are open for y'all. ALL THE BEST!
* 1.618 XABCD * Overbought on Daily and 4 HR * RSI divergence On 4 HR * HEKIN ASHI DOJI candles * 112 YEN strong resistance level * ADX above 50
view short bos 1 hr price mitigation to origin poi enrty - optimum trade entry 50 % of POI
hit TP 2. Now there is a possibility of making double top pattern. so secure your profits. Thank you.
Considering where price has reached, it might attempt to reach level pointed by the arrow. Let's watch.
USDJPY has been setting up for quite some time for the next big move. On the daily we can see that we are in an ABC correction and its just a matter of time before the next impulse down. Watching for lower timeframe bearish momentum and then jumping in with targets of 300pips as first target. Goodluck and trade safe!
I'M IN SELL USDJPY @111.00 R:R 1:10 Look at your strategy and plan ur way with minium risk. Don't blindly follow. Structurally it's ready to fall from here, If it's consolidate here it takes little higher and fall.The wavwe i'm looking is completed.