Usdjpy buyUsdjpy buy @ 138.100
Clear cut head and shoulder pattern in hours 1 and i am expecting a up move in usdjpy and we expect a 3 to 5 % up move after making a breakout in usdjpy so open a buy trade and thanks me later
USDJPY_SPT trade ideas
#USDJPY it's possible to sell#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:
136.144
Next Zone area & horizontal swing Low support
1st Resistance
146.840
Zone area & horizontal swing high resistance
USDJPYmarket makes a HH at the retracment i saw a hammer at the support.I placed a trade but it's hit my sl
#USDJPY it's possible to sell#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:
136.144
Next Zone area & horizontal swing Low support
1st Resistance
146.840
Zone area & horizontal swing high resistance
#USDJPY it's possible to sell#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:
136.144
Next Zone area & horizontal swing Low support
1st Resistance
146.840
Zone area & horizontal swing high resistance
USDJPY analysisUSDJPY | Don't trade just watch .
when price reach to our zone then we will see in lower timeframe confirmation after that enter as per confirmation.
confirmation : CHOCH + BOS + unimited OB
confirmation candle : evening star or hammer or engulfing
see confirmation in our zone and enter wisely.
like comment and share if you like.
Thanks
#USDJPY it's possible to sell#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:
136.144
Next Zone area & horizontal swing Low support
1st Resistance
146.840
Zone area & horizontal swing high resistance
Trade in USDJPYThis is the chart of USDJPY in 4h time frame , as you can see an inverted head and shoulder pattern , as soon as a candle closes above the necline of the pattern we can take a long trade in this , keeping the risk reward ratio 1:1.5
#USDJPY it's possible to sell#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:
136.144
Next Zone area & horizontal swing Low support
1st Resistance
146.840
Zone area & horizontal swing high resistance
USDJPY bears brace for 136.00A clear downside break of the 100-DMA, as well as a daily closing below July’s peak, keeps USDJPY sellers hopeful. However, a convergence of the 61.8% Fibonacci retracement level of the May-October upside and an upward-sloping support line from May 24, around 136.00, appears a tough nut to crack for the bears. Following that, a slump toward the 200-DMA support of 132.70 can’t be ruled out. However, an area comprising multiple levels marked since late April, around 131.25-50, could challenge the pair’s further downside.
Alternatively, recovery moves need to stay beyond the 100-DMA support level surrounding 140.75-80 to trigger short-term corrective buying. Even so, 38.2% and 23.6% Fibonacci retracements, close to 142.20 and 145.90 in that order, could challenge the USDJPY buyers. In a case where the pair remains firmer past the 146.00 round figure, the odds of witnessing a run-up targeting the fresh 24-year high, currently around 152.00, can’t be ruled out.
Overall, USDJPY sellers hold control but the downside room appears limited.
USD JPY in Strongn SupportUSD JPY in Strongn Support
USDJPY in strong support and Fib @ 61.8 n0w in Day TF
have to wait till demand zone or confirmation for buy in 61.8 with strong buy volume and candle
Usdjpy short possible Usdjpy sell @ 147.963
Stop loss 148.900
Target 138.886
Trade based on 2 November fed news and fomc statement i expect a down move on dollars and i expect price will go down
USD JPY Sell Below 145 USD JPY Look Like Changing Trend to Sell Direction
Short Below 145
Target 143 , 142
USDJPY Buy Trade opportunityUSDJPY Buy Trade opportunity
it's Overall Bullish trend recently break the resistance area and make a very strong Bullish candle above its a very good opportunity to take a Buy trade with a good risk-reward target and the stop area is mentioned in the chart
Always Use Stop Loss
USDJPY DAILY TECHNICAL ANALYSIS Trading Ideas-
Long positions above 141.47 with targets at 151.95 & 154.95
Alternative scenario
If price goes down 141.47 look for 139.04 & 135.55 as targets.
Supports and resistances
139.04 & 135.55
151.95 & 154.95
USDJPY FUNDAMENTALUSD/JPY remained volatile, ending the day roughly 450 pips up after bottoming at 145.37. Japan's Prime Minister Fumio Kishida anticipated an upcoming stimulus package to be announced by the end of October as planned. Meanwhile, the Bank of Japan suspected intervention last week was estimated at 5.5 trillion yen.
USDJPY CHART ANALYSIS 1 idea for USDJPY
When I analyzed the chart of the past, it came to know that the higher the depth was, the more it was late to recover, but now the recent deep has come very small and suddenly, then it can be recovered in about 8 days, I think so.
Usdjpy short possible Usdjpy sell @ 148.981
Stop loss 150.540
Target 145.473
Trade based on breakdown and pure price action
FALLING TREND LINE
Education
Falling trend line:
Rising trend line is the type of trend line which typically helps trader in identifying the exact bearish momentum (downward trend).
The rising trend line or descending trend line, be connected from highest price traded within the time range, and connect to the lower prices of the asset or security.
Traders may prepare for selling after retest of the falling trend line and stop above the trend line.
It helps minimizing risk and maximizing rewards when used appropriately.
RISING TREND - EXPLAINED
Education
Rising trend line:
Rising trend line is the type of trend line which helps a trader to identify the bullish moment or bullish range (Upward Trend).
The rising trend line or ascending trend line should be connected from the last lower of the asset value to the last highest value or price of an asset.
The rising trend line should have multiple prices touched to be considered as valid, (at least 2 price point touches).
Traders may anticipate trading pullback where confirmation come, they can use additional indicators to have clear understanding of right entry point and exit points.
