REASONS: 1. RANGE AREA BREAK and RETEST 2. BREAK of STRUCTURE (BOS) 3. POI level ENTERY CHANCE 4. GOOD RISK REWARD we can easily can follow money management process at this entry please comment your suggestion
waiting for a short position on UJ. Use proper risk management Thank you.
Hello everybody. This is my homework about trendlines and how to trade based on them. This homework is from lesson 7 of the forex 101 course by FxPassion. This analysis is for study purposes only and is not a recommendation. 03/09/2021
USDJPY is Seing Downtrend, So I have put the TP & SL. TP 110.09 SL 110.47
if we can analysis daily chart. there is a possibility of H&S pattern formation.
USD JPY i am sharing this view only for educational purposes do your own analysis
There are two possibilities in UJ. Still daily trend is in uptrend and 4H is just opposite, it is in downtrend. Use proper risk management. Thank you
best indraday trade in usdjpy short trade target 12 pips stop 7 pips
usd jpy sell-side wait it give clear indication do you own analysis
Approaching first demand zone. wait for reversal. target till next supply zone (ETA 3 days). If the first zone is consumed take long till upper demand zone.
Updation: Still holding buy position in UJ. Refer my last analysis on UJ. Use proper risk management. Thank you
here head and shoulder neckline is broken also DAY and 4HR candle also supported
Updation: UJ is at crucial price point. maybe going for a long run. it is break the uptrend line which crosses to downtrend parallel line. then UJ will go for short. 70% chance for Long. still holding buy position. Use proper risk management. Thank you
Still waiting for a next move. now UJ plays in range. hope for a long run (BUY). Secure your profit target and stop loss.
Market has shown its bearish side and it's the time for the bears to take over. Target is 108.00 as per my calculation but you can book partial profits and use trailing Stoploss or trail manually.
usdjpy sell setup found as we can see that usdjpy has broken the channel and now market wanted to retrace it, we can have a great opportunity to sell usdjpy on retracement level