💵Australian Dollar/Japanese Yen💵Analyze (9/28/2022)!!!Australian Dollar/Japanese Yen is making Expanding Flat(3-3-5), and now it is running in microwave 3 of main wave C.
I expect Australian Dollar/Japanese goes down to the target that I showed you in my chart.
🔅Australian Dollar/Japanese Yen Analyze (AUDJPY) Daily Timeframe⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Japaneseyen
USDJPY: Key Levels to Watch 🇺🇸🇯🇵
USDJPY dropped sharply.
Here are the key levels for you to watch.
Support 1: 130.4 - 131.8 area
Support 2: 126.3 - 126.9 area
Resistance 1: 133.6 - 134.55 area
Resistance 2: 137.8 - 138.7 area
The price violated a key structure, it turned into Resistance 1.
The pair will most likely keep falling, at least to Support 1.
Consider the underlined structure for pullback/breakout trading.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
EURJPY: Classic Bullish Setup 🇪🇺🇯🇵
On a today's live stream, we discussed EURJPY.
The price has recently broken and closed above a resistance line of a bullish flag pattern on a daily.
We see its retest now.
Testing that, the price formed an ascending triangle formation on 1H time frame
and broke its neckline then.
I expect a bullish move to 145.44 / 145.9 levels now.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️ [/b
LONG ON USD/JPYPrice has given a perfect rejection of the 61.8 fib level and has made a higher high with a bullish engulfing candle.
Perfect Buying Opp as the DXY is also rising.
Here is the play I will be taking on this pair:
Entry = 136.566
Stop Loss = 135.495 107 pips
Take Profit = 138.859 229 pips
This is a swing trade.
EURJPY SHORT Resault: 450 pips✅Considering the weakness in the price rise and the strength of the fall and reaching the ceiling of the descending channel , I enter a sell position when I see favorable conditions.
According to my risk and capital management system, the risk of each trade is one percent per position.
CADJPY , SHORT Resault: 600 pips✅As you can see in the chart, due to the weakness in the decline and the reaction to the support level , I expect an upward correction first, and then I will update the analysis if there is a reaction to the resistance level .
Stay with me to get more analysis after following me by sharing with friends and leaving a comment.
According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
InvestMate|USD/JPY Reaching A Resistance Zone💱💱USD/JPY Reaching A Resistance Zone
💱As I wrote recently about the possibility of the start of an upward movement on USD/JPY:
💱Yes, and we have lived to see the continuation of the uptrend in recent days.
💱The price has returned to the vicinity of 138.
💱The resistance zone and support remain unchanged.
💱Given the trend and the fact that the support zone was tested again.
💱Looking also at the fact that we are above both the 50 and 200 moving averages and that the MACD and RSI are generating pro-growth signals I am not worried about the direction of the trend.
💱The scenario I am playing out remains unchanged, a continuation of the rises to the vicinity of the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
GBPJPY targeting 172.250 on the medium-term.The GBPJPY pair has been rebounding strongly since the November 11 Low within the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line). The Low was made on the Inner Higher Lows trend-line, that has had five hit-and-holds since May 12.
Based on the 1D MACD also, this sequence resembles the April 20 - June 09 fractal , whose rebound reached the previous High, which is now the Resistance at 172.250. This is the short-term target.
On the long-term you see that the pattern is an Ascending Triangle (since March 2021 and we are close to the Higher Highs Zone. Every hit either on the dashed or top trend-line is a sell opportunity, until the pattern is invalidated.
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
InvestMate|EUR/JPY Continued Increases💶💴💶💴EUR/JPY Continued Increases
💶💴That's how I perfectly predicted the support zone and future trend direction in the last post:
💶💴Yes and this time I come to you with an update of my perspective.
💶💴The direction remains unchanged.
💶💴Today's upward movement was fuelled by another 50-point interest rate hike in the Eurozone.
💶💴Ahead of us there is a strong resistance zone defined by a cluster of two levels. The first level is 1.272 of the last downward wave from the peak. The second is the 2014 peak.
💶💴There is a support zone below us.
💶💴Looking at the MACD and RSI, I have no doubts about the continuation of the movement.
💶💴We are above the 50 and 200 moving average.
💶💴The scenario I am playing out is a continuation of the upside to the vicinity of the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
USDJPY: Bearish Continuation 🇺🇸🇯🇵
Hey traders,
USDJPY broke and closed below a key daily structure support 2 weeks ago.
The broken structure turned into resistance and was respecting 2 times in a row already.
The double top formation confirms the strength of the underlined zone.
I believe that the pair will drop soon to 134.33 / 133.0 levels.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
AUDJPY: 2 Scenarios Explained 🇦🇺🇯🇵
Very peculiar situation on AUDJPY.
The market is trading within a falling parallel channel on a daily and approaching its resistance at the moment.
Depending on the reaction of the price to that, I see 2 potential scenarios.
Bullish
If the price breaks and closes above the resistance of the channel, it may initiate a bullish continuation.
Goals will be 93.7 / 94.5
Bearish
The market may also drop from the vertical resistance.
To short with a confirmation, watch a bearish flag pattern on a 4H.
Its bearish breakout will trigger a bearish continuation to 91.9 / 91.6
Wait for a breakout and follow the market then.
What do you expect?
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
EURJPY: Very Bullish Pattern 🇪🇺🇯🇵
Hey traders,
EURJPY is trading in a long-term bullish trend.
The market set a new higher high in October and started a correctional movement then.
The price formed a bullish flag pattern and established a minor bearish trend within.
Since last week, the pair started to grow. Bulls managed to violate the resistance of the flag.
It may trigger a trend-following movement.
Next goals: 146.0 / 147.0
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
GBPJPY SHORTAs we can see price has it's last level to be done with the trend, and also a bullish wedge pattern that signifies continuation of trend, these two alone, is okay to confirm the bearish movement, so the next option now is to go to the lower timeframe and look for sell confirmations.
NOT A FINANCIAL ADVICE.
USDJPY Still downward channel but bullish signal emergedThe pattern on the USDJPY pair is a Channel Down since the trend reversed on October 21st. As long as the price stays inside this Channel, the trend will remain bearish with each lower Fibonacci level a potential target.
The MACD though has pushed the first major buy signal of this downtrend as it made a bullish cross last Friday. As a consequence, if USDJPY breaks above the Channel Down, we will most likely see a (counter?) rebound to the 1D MA100 (green) and 1D MA50 (blue). This will be the most important test to see if this new bearish trend will be sustained. Break above will invalidate it, rejection will confirm it.
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
## Also DONATIONS through TradingView coins help our cause of increasing the daily ideas put here for free and reach out more traders like you. ##
💱USD/JPY Chance For A Correction💱USD/JPY Chance For A Correction
💱Following my last analysis in which I brilliantly predicted declines to a support zone:
💱This time it is time to try to attack the upward correction.
💱In my opinion, there is a high probability of the price reaching the area around 140 where there is a cluster of two fibo levels. The first level is 1.618 of the entire current downward wave. The second level is 0.236 of the upward wave from the 2016 bottom to the 2022 peak.
💱The support zone is set around the last bottom of the current downward wave.
💱 As can be seen, the MACD histogram also indicates a higher probability of the continuation of the upward trend.
💱RSI is also positioned at the 50 zone, testifying to the key decision point where the price is located.
💱The scenario I'm playing out is an attempt to attack the most significant resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💱*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
USDJPY: Your Trading Plan 🇺🇸🇯🇵
USDJPY is approaching a horizontal daily supply area.
To short the market with a confirmation, watch a head & shoulders pattern on 4H.
135.95 - 136.35 is its horizontal neckline.
Wait for its bearish breakout - 4h candle close below,
then, sell aggressively or on a retest.
Target will be 134.28
If the price sets a new high, the setup will be invalid.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
InvestMate|NZD/JPY Don't Miss This Opportunity📈📈NZD/JPY Don't Miss This Opportunity
📈Post is a direct continuation of my previous post in which I announced the increases:
📈Nothing has changed since then I still expect rises.
📈Only the last week has increasingly started to confirm the realisation of my scenario hence my update.
📈All zones are described in the previous post.
📈The scenario I am playing out is a continuation of the upside towards new highs with a stop at the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
📈*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
cadjpy, longAs you can see in the chart, due to the weakness in the decline and the reaction to the support level, I expect an upward correction first, and then I will update the analysis if there is a reaction to the resistance level.
Stay with me to get more analysis after following me by sharing with friends and leaving a comment.
According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
CADJPY: Trend-Following Setup 🇨🇦🇯🇵
CADJPY has recently broken and closed below a key daily support.
The broken structure turned into resistance now.
The price formed a double top pattern on a 4H time frame retesting that
and broke its neckline then.
I expect a bearish move to 99.7 / 99.1 levels
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
GBP/JPY rises on the horizon💷💴💷💴GBP/JPY rises on the horizon
💷💴The same as for EUR/JPY
💷💴It looks like the Pound will follow the Euro's path and also start a journey northwards.
💷💴All thanks to the defence of the support zone and a strong reaction towards the north.
💷💴The support zone was determined by the fibo level of 0.618 of the entire downward wave from the 2015 peak to the covid bottom
💷💴There are two resistance zones ahead.
💷💴The first based on the 0.382 level of the entire downward wave from the 2007 peak to the 2011 bottom. The second based on the 0.786 level of the same wave as the support zone.
💷💴The scenario I'm playing out is a continuation of growth, not excluding a reaction at the first resistance zone with a target at new peaks. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💷💴*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
InvestMate|EUR/JPY Change of plans💶💴💶💴EUR/JPY Change of plans
💶💴The market behaved exactly as I wrote in the previous post:
💶💴As you can see on the chart we have bounced off a strong support zone defined by a cluster of two levels. The first is the level of the 0.618 wave from the 2008 peak to the 2012 bottom and the second level is the 0.786 wave from the 2014 peak to the 2016 bottom.
💶💴And currently after the last few days I don't see how after such a strong move there is any talk of going lower in the next few weeks.
💶💴Ahead of us at the new peaks is a strong resistance zone defined on the basis of 3 levels. The first is the level of the last peak of 2014. The second is the outer fibo level of 1.618 of the entire downward wave from the 2018 peak to the 2020 bottom. The third level is 0.236 of the entire upward wave from the 2000 bottom to the 2008 peak.
💶💴The scenario that I am playing out is a continuation of the increases until new peaks are made. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💶💴*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀