Japanese Yen / U.S. Dollar
Hey traders, Here is my latest structure analysis for USDJPY: Resistance 1: 137.4- 138.1 area Resistance 2: major rising broken trend line Support 1: 135.15 - 135.8 area Support 2: 131.7 - 132.0 area Support 3: 130.4 - 130.7 area Consider these structures for pullback/breakout trading. ❤️If you have any questions, please, ask me in the comment...
Quick trade lined up in before end of a trading session. Let's see how it goes, already in at 136.575
Analysis of #USDJPY The USDJPY has been having a difficult time breaking above its recent high, the might be because of Jackson Hole Meeting. let's say the market breakout to the downside, then we can look to enter sell once we have a confirmation the market is going down. Wait till after the FED Chair Powell speaks tomorrow Please support me by boosting...
Hey traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 135 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
A 1, 2, 3, 4, 5, a, b has Elliott wave has formed, waiting for c wave to be confirmed. A bearish flag pattern is about to confirm the c wave. After breaking the lower parallel line is the best time for taking a short position, and a retracement of the size 'a' is expected.
So if you haven't read my other writeups first, you probably should. Non-speculative limit orders are the basis for this trading style. Now, the idea behind this system is simple. You're using a script, EA or bot to create dozens of limit orders very quickly, with predetermined stop losses and take profits, to capture swings against active trends. See a...
Based on technical factors there is a Short position in : 📊 USDJPY 🔴 Short Now 136.45 🧯 Stop loss 137.90 🏹 Target 1 134.95 🏹 Target 2 132.70 🏹 Target 3 129.70 We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
ABC Correction Buying climax + Candlestick Formation + Volume + Divergences on RSI on M15 Entry after Candlestick Formation Test Divergence on RSI on H1 R/R 1:3,5
On this Pair, we are anticipating for a SELL CONTINUATION, Overall trend is Bearish on the dollar, JPY is getting stronger, we also have the trend on USDJPY as bearish, with other confluences.
Good data for US pre Jackson Hole, good enough for short term UJ long
Sell ----- Waiting for to go down --------------------------- SL – 50 pips -------------- TARGET – 400 pips --------------------- intra/swing
A biiiiigggggg move back to test the 100 range and possibly lower. The psychological level of 140 was tested. However it did not sustain above that level. This is the short of a lifetime. Enjoy the ride. once it takes off its gonna be lovely.
Another chance to catch a quick 1:1 if we get a pullback. Order is set at 136.571 with 12.5 pip stop at 136.696.
USDJPY (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter...
USDJPY did strong decline above the 137.600 level, but the USDJPY has stabilized at the 136.300 level. USDJPY is can't making new LL points, which is a sign of strong support in this area 136.300 REMINDER: Wait for break pattern.
Expecting USDJPY to shoot downwards after breaking the 136.000 price range the Bollinger bands indicates this as well. Prices were in this area last week as shown. The pairing has been bouncing between the prices of 137.600 and 135.300 this week, not breaking either. There has been a lot of volatility due to the Jackson Hole conferences today and tomorrow...
Spotted this opportunity yesterday with the USDCAD sell and saw an opportunity to sell based on the DXY
Though this is dependent on the fundamentals, need a 40pip buy to collect the Bank's sell orders then we have a 240 pip drop, game changer, tight stop as Dollar has been strong.