1:2 risk reward Waiting entry at 4 hr ob Targetting external range liq as mark by red line
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
"USD/JPY Breakout: Riding High on Momentum and Volume Surge" The USD/JPY currency pair is currently experiencing a significant breakout, propelled by robust momentum and a surge in trading volume. This breakout marks a pivotal moment in the pair's trading dynamics, offering lucrative opportunities for traders seeking to capitalize on strong market...
USDJPY snaps a two-day losing streak early Friday while challenging the previous day’s rising wedge bearish chart pattern’s confirmation. In doing so, the Yen pair justifies an upbeat RSI (14) line, as well as an impending bull cross on the MACD. It’s worth noting, however, that a clear upside break of 150.50 support-turned-resistance becomes necessary to defy the...
At support and the 50% Fibonacci retracement level, USD/JPY is positioned in a potentially favorable buying zone, offering a confluence of technical indicators for traders to consider. Here's a breakdown: Support Level: Support levels are areas where the price tends to find buying interest, as demand for the asset increases, potentially halting a downward trend....
Breakout trading can be a profitable strategy when executed properly, but it also carries risks, including false breakouts and whipsaws. Therefore, it's essential to combine breakout trading with other technical analysis tools and risk management techniques to increase the probability of success. Additionally, staying informed about market developments and...
Well that got executed perfectly , forgot to post it before , it was simple breaking lover low and breaking support to make prefect resistance
price is reversing from 149.578 without testing resistance which mean a lack of buying liquidity the following previous green long candles left behind imbalance which have created fair value area with applying fib to draw the PD area 149 to 148.781 is above discount zone which will hold less impact whereas 148.500 to 148.300 is the zone where we can look for...
USD/JPY Technical Out look. Both buy/sell opportunity on UJ we are looking for price to give us either buy or sell opportunity this week on UJ. SELLERS- if get price back into to 146.05 area we can see a possible retest back into 146.99 before we see price head lower on UJ. BUYERS- once price retest and hold above 147.05 we can see buyer take price higher...
Confirmations:- 1] bullish trend 2] break of structure 3] fair value gap entry 4] Fibonacci 50% Target confirmations:- 1] swing high
In 4H and 1day chart HH-LL Look very good up move from 146$ today is 148$ now chart is clear to take off 151-152$ take support near 146$ and wait usdjpy
On Tuesday, the USDJPY pair snapped a two-day winning streak while reversing from a 13-day-old horizontal resistance surrounding 148.80-90. The pullback move also justifies the upbeat RSI and bearish MACD signals. With this, the Yen pair is likely to decline further toward the 50-bar Exponential Moving Average (EMA) level of nearly 146.60. However, the 100-EMA of...
Disclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade, this post is for educational purpose only . warning :- do not jump directly or do not copy my trades DO your analysis properly
Support and Q&M pettern will create at this support
Support and Q&M pettern will create at this support
Hello everyone, what do you think about the USDJPY today? Will it increase or decrease in value? Currently, this currency pair is trading around 146.69 and has lost 0.12% during the day. The level of 147.00 has failed to sustain the current downward trend, and any further price declines are likely to find strong support near last week's low around the 145.65...