USDJPY_SPT trade ideas
Sharing my view on USDJPY based on the big picturecheck price action above 111.300 and if we get any sell setup i will enter short
USD JPYBUY 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
USDJPYDear 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 Fibonacci 0.5 area making a range between these values!
In the next period I expect this range to continue and I will play between the Fibonacci 0.5 and Fib 0.382 areas until the first closing on the chart for a week outside these values.
THIS WEEK...this week I will draw a parallel between the 1 week chart and the 1 month chart because the month has just ended and I would like to know what to expect ...
exactly as I said in recent months, UJ has a range between Fibonacci 0.5 and 0.382 ... as in September it rejected and closed below Fibonacci 0.5 I expect this line to continue and I expect a decline to the area 108,600 or 107.600
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GREAT ATTENTION:
*This information is not a Financial Advice.
USDJPY potential mark down phase starting 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 setup (2hr)USDJPY has broken the daily trendline and now its going bearish. Swing trading opportunities are open for y'all.
ALL THE BEST!
USD/JPY * 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
Smart money concepts view short
bos 1 hr
price mitigation to origin poi
enrty - optimum trade entry 50 % of POI
USD JPYhit TP 2.
Now there is a possibility of making double top pattern.
so secure your profits.
Thank you.
USDJPY forecastConsidering where price has reached, it might attempt to reach level pointed by the arrow. Let's watch.
USDJPY - The Next BIG ImpulseUSDJPY 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!
SELL USDJPY @111.00 FOR LONG 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.
usdjpy sell setup foundusdjpy sell setup found
market for usd japy has more showing sell nature with resistance and zone and showing double top neck line break than its good to sell usd jpy
USDJPY ForecastUSDJPY Forecast
IMO
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Happy Trading 😊
