Usdjpysignal
USDJPY holding gains... but for how long?USDJPY has retraced off the multi-year low.
Some downside potential could continue to prevail in the market.
DAY TRADING INDICATOR HOLDING THE SIGNAL FOR THIS SESSION SHORT.
UsdJpy outlookAfter the false break at 110.00, UsdJpy dropped violently and stopped only when it touched 108 support.
Now the pair is consolidating losses and a continuation of this drop is very likely.
A daily close under 107.70-107.60 zone would signal that the consolidation is over and UsdJpy could fall till 105 support area
USDJPY reversed from Resistance; Sell Trade continuationIn my previous analysis(attached below), I recommended selling USDJPY as it reached a very strong resistance.
The trade set-up is in 60 pips profit and I expect the trend to continue.
In case you didn't sell yet, there's a good chance that there will be some pullbacks which will bring new sellers.
So look for bearish flags on the lower timeframe and sell USDJPY.
USDJPY could reach 111, 110.40 this week.
On the other hand, if the resistance breaks, USDJPY could rally to 113. However, it looks less likely.
short Usdjpy Short Usdjpy near 109.20/35 sl above 109.65 tp 107.80 trade with proper money management Thanks
USDJPY buy on H2, possible inverted H&S formation!Plan : trendline breakout --> wait for prices to bounce off horizontal / trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
ANALYSIS ON USDJPY ANALYSIS ON USDJPY
Welcome to my analysis
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4HR CHart
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Interesting Point of interest In the USDJPY pair.
- Price below 200 day EMA.
- look for buy signals to top.
- Watch top for sell.
- expecting move to around 111.000.
- STOCH RSI showing H bullish divergence on other time frames
Long term i am expecting move to the upside. Will update soon
USDJPY going down!! 250 pipsIf you missed the first drop heres your chance to catch it again! USDJPY sell now! Down it will go
My Idea on USDJPY for the weekIm looking for a bullish momentum on USDJPY but first a retest on 110.000 ZONE also keep a look out on a break of the uptrend, lets see how this week goes
USDJPY trade idea on H2Plan : wait for prices to bounce off horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
#USDJPY, Will the increases hold up?There is a very strong support line at $ 104.6 as you can see in the graph above.
Mini resistance at $ 109.6
The USDJPY is still accompanied by a green Ichimoku cloud which is a bullish sign but the candles are not yet above the cloud which is the ideal in a buy signal.
According to the Stochastic USDJPY in Oversold, this is the ideal time to buy.
RSI is in a very low area which is also a bullish sign.
Goal: 109.5
Stop loss: 107.65
USDJPY AnalaysisWait for clear confirmation
**Disclaimer**
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support!
Tradewithsam
USDJPY long trade @Day chartUSDJPY
The long term downtrend was broken in September 2019..The major upside resistance is 109.500.
And this pair trading in a range and will fall towards 107.450.
From this level we can open long positions and potential take profit will be 110.500.
Stop lose may placed at 106.500 level.
USDJPY SHORTPrice met the monthly resistance and respected it supported by the weekly trendline which it also failed to break giving us an opportunity to go short with the market looking for daily target @108.455
USD/JPY LONG TERM SWING SET UPBuy USD/JPY
Entry 1 108.484
Entry 2 108.390
Sl 108.240
Tp.1 108.890
Tp.2 109.120
Tp.3 109.480
USDJPY short term long, a simple key level support setupPlan : wait for prices to bounce off horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
USD/JPY LONGBuy usdjpy
Entry 1 109.140
Entry 2 109.000
Sl 108.900
Tp.1 109.354
Tp.2 109.475
Tp.3 109.670
USDJPY buy on H4Plan : wait for prices to bounce off trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
