Sell UJAs #UJ is following a Long Term Bullish Trend , It seems it wants to retest some of its levels. Take a #short from here and then #long when it continue with the long trend.
Usdjpysell
Indecision for the USDJPYThis chart looks indecisive, the bias is to the upside. If it is going down, there's going to be a long struggle where price trades sideways for an extended period of time. From an elliot wave perspective, looks like it is due for a wave 5.
BULL CASE
Price to break farther up from here, retest the top of the channel and find a higher high. This could be a rather short wave and we may find rejection as soon as 115.
BEAR CASE
The downside should be rather capped for this pair and if there's a big one coming, it will need to trade sideways for a bit.
USDJPY at an inflection point.Is Biden going to drop Powel? That's the million dollar question. Inflation is on the verge of bursting out in the US, if that happens, we will see price break out of the channel to reach higher heights. Otherwise, a rejection at the top of the channel to remain status quo is set to play out.
BEAR CASE
Until proven otherwise, our bias is status quo, we are expecting a price rejection at around 95.5.
BULL CASE
If price breaks out convincingly, we will wait for a pull back to make sure it's not a fake out and go for a long. The retest at 95.5 after a break out is in our sights.
USDJPY , Its time to sellHello guys
According to last analysis about USDJPY we shown resistance zone and now the price is in it and it seems that is making a triangle and its ready to fall down
We can be in position short with nice R/r and take profit until the 1st target and if the price can break the first target powerfully we can use our strategy for the second target
And we check the chart in multi-time frame and in 1h time frame we took another acceptance for taking short position
Dont Forget use stop loss and money management
Previous analysis :
Good Luck
Abtin
USDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDJPY Short Analysis Hey traders, here is the analysis for the USDJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
USDJPY in sell zoneHello Traders, USDJPY is in currently testing previous support as resistance and is highly likely to drop to continue its downtrend.
SHORT OPPORTUNITY ON USDJPYAccording to Price Action and Resistance level mixed with fibo retracement
TP and SL
USDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDJPY time for some downside USDJPY been slow over the last couple weeks consolidating at a major resistance area, but have now seen price slip off to the downside showing we could be in for a reversal or longer term pull back. All eyes will be on resistance area 113.500 that's where id ideally like to see a short from.
USDJPY TRADING PLANi am waiting in the usdjpy pair, it have already break the consolidation area and it have to retrace to start falling, i will wait for a short trade
USDJPY Short Analysis Hey traders, here is the analysis for the USDJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
USDJPY seems to try pullback USDJPY seems to try pullback to broken base in 4H time frame and start a drop to the next base.
NEW TRADE IDEA USDJPY SHORTIts that time of the year.
USDJPY Short.
The zone has been hit once. We are trying for a re-entry of that zone.
Entry 113.080-113.300
Stop 113.400
T1 - 112.345
T2 - 111.553
We might not get there the way things are going but we are going to try to entry the momentum .
Short term trade / Daily.
USDJPY short with 4x Confluences. Confluences listed:
1: Trendline breakout and close on the Daily timeframe
2: Change in market structure and new low has been formed
3: Break and close below support around the 113.3** area
4: Double Top Pattern Formation
Summary:
Entry will be taken during the NY session. The trade has a potential RR of 2: 1 or more, depending on how deep the pull back is next Monday. If the trade is any less than 2:1 RR we will not be looking take the trade. Target are set using fibs from the high to the low of the breakout candle.
USD/JPY SELL NOW...
Hello Traders, here is the full 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. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
usdjpyUSDJPY - SHORT
Why are we entering?
- Expecting JPY strength and USD weakness
- Price broke the ascending trendline = bearish
What are we waiting for to happen?
- Watch for price to move lower and create a correction
What is our confirmation?
- Break of WFB trendline once there's a correction
Entry
Safe entry: rejection of structure and break of WFB
Risk Entry 1: Rejection of structure
Once entered, where will our Stoploss be?
- above the rejected price
Where do we take profits?
- First TP: 112
- Second TP: 111
usdjpy short term sell idea after the creation of W formation, we do expect the price will make correction at least to backtest the 38.2% FIB.
More downside for USDJPY but limitedPrice continues to trade in a range this week. We think that will continue into the rest of the year. The bearish engulfing candle is formed on the 4hr and more downside will come at the start of the week but the downside is capped by the 200MA.
BEAR CASE
Price dumps straight away from these levels. Our target is between 122 and 122.5
BULL CASE
Price consolidates upwards before the bear case is fulfilled. If this happens, it should be capped by the top of the channel at around 114.
USDJPY give us something!!Still looking for some real moves with this pair aha.. 113.500 is the level to look for those buys but nothing at the moment is getting me to excited, patience with this one and hopefully something can give it a kick.
USDJPY , Channel is broken and we are ...Hello everybody
We have a upward channel and last week the channel was broken and now we are in pullback , we have a resistance zone and in there we have a sell zone area , and in there we should at first take short signal like ( reverse hammer , descending cover and pattern price ... ) then we can sell and take short position
Dont forget use stop loss and attention to money management
Be with us and sleep comfortably
Good Luck
Abtin
Do not go long! Correction MUST happen before upside for USDJPYThis dollar yen is largely range bound this week. The following week could see more upside but we have a strong bias to the downside before sustained bullish price action can happen.
BEAR CASE
Structurally on the 4hr, price looks like it's ready to break out to the upside and it probably will break the top but the move should be fairly capped because the weekly shows that we need a deeper correction before we can see more upside.
BULL CASE
It is possible that price moves to break ATH but we think the move will be capped.
PS: We will not long this thing, looking for shorts only.
